Luxury Realty Group launches new AI avatar to assist homebuyers

Luxury Realty Group, a subsidiary of Luxury Realty Group Holdings, launched the beta testing for its conversational AI services website vuHome.ai, the company announced on Tuesday. The product will be available across its brokerage operations in Las Vegas. Luxury Realty Group’s clients will be able
Read MoreRMF parent obtains Chapter 7 bankruptcy status

The presiding judge in the bankruptcy case involving Reverse Mortgage Investment Trust (RMIT) — the parent company of former leading reverse mortgage lender Reverse Mortgage Funding (RMF) — has approved a request to transfer the company’s bankruptcy status to Chapter 7 from its current Chapter 11 st
Read MoreRealtor.com reveals new tools to evaluate climate risk exposure

Amid escalating climate concerns, Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. Realtor.com is leveraging data from First Street, a climate technology company, and will offer
Read MoreGuild earnings show more reverse mortgage activity after Cherry Creek acquisition

Guild Mortgage released its fourth-quarter and full year 2023 earnings report this week, showing that it narrowed its focus on purchase originations and increased its market share on the forward lending side, but it still sustained a loss.After its acquisition last year of Cherry Creek Mortgage, Gui
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