Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.


2020 Tech Trendsetter: Harsha Kommanapalli

Tavant, Director of AI and Analytics

Harsha Kommanapalli, Director of AI and Analytics, Tavant

Harsha Kommanapalli is disrupting the traditional lending process with an analytics-everywhere approach that can be witnessed across Tavant’s suite of products and client engagements. His philosophy, coupled with his extensive business knowledge and experience has positioned Tavant as a pioneer and leader in regards to AI deployments in the mortgage industry. Kommanapalli has helped top lenders across the country gain a better understanding of and ultimately adopt a more advanced approach that leverages AI and machine learning to obtain real-time metrics and automatically mine insights from data including origination volumes, loan throughputs, lead conversion rates, best sales performers, pricing insights, listings funnels, sentiment analysis and propensity to sell and buy. Kommanapalli and his team of techies have helped these same lenders dismantle and replace archaic processes and legacy systems with best-in-class components, sophisticated data and ML platforms, cloud data warehouses, data lakes and streaming services. Kommanapalli’s agile approach to ML engineering and ML operations has accelerated and expedited Tavant’s ability to develop and deploy modern, advanced products and features that can scale effortlessly and enable lenders to not only remain competitive, but also deliver better products faster that meet and exceed consumer expectations.

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The housing market is losing steam

Mortgage applications for new home purchases decreased 3% from May and 23.8% year over year, suggesting buyer fatigue in the housing market.

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3d rendering of a row of luxury townhouses along a street

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