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Already states such as California, Colorado, and Connecticut are enacting laws that, while short on detail, have significant impacts on the use of AI in mortgage banking. Here in Colorado, the most recent law was signed with a lot of work still needed to ensure it doesn't have unintended consequences or too broad an interpretation, potentially impacting existing automation like Automated Underwriting Systems (AUS) and credit scoring.

by Ruth Lee, CMB Entering 2024, the FinTech sector remains at the forefront of innovation, transforming mortgage banking and the broader...

👥 Hosts: Mario DiBenedetto,  Ruth Lee, CMB ,  Kyle Meyers  🎧 Listen on Spotify:  https://lnkd.in/eiEVC2ny 👀 Watch on YouTube:  https://lnkd.in/enSDksgj In today's fast-changing real estate landscape, artificial intelligence (AI) has sparked both excitement and concern. "The AI Riff" recent episode dives into the impact of AI in real estate, especially the concept of "AI Slop" and its influence on home staging. As technology reshapes property marketing, we must ask: Are we