“Hello, Mortgage Loan Department? Can I Please Speak to a Human Being?!?” “Big companies and start-ups are beginning to use learning software in higher-stakes decisions like medical diagnosis, crime prevention, hiring selections and loan approvals. The idea is that an A.I. turbocharger can be applied to all kinds of decisions, making them smarter, fairer and...Read More
Taking Advantage of a 1st-Time Buyer (Or Trying To) First-time Buyers may not know prevailing lender fees — but experienced Realtors do. In that vein, a colleague recently reported that, to his chagrin, he discovered that the lender he referred his client to quoted her lender fees (origination, underwriting, appraisal, etc.) easily double the industry...Read More
Not to Be Confused With “The Parent ATM” Too busy to get to the ATM? If you’re meeting friends at a restaurant, Plan B is to pay for everyone with plastic, then collect cash from your friends for their share. Unfortunately, unlike another famous type of ATM (“the Parent ATM”), cash obtained via “The Friend...Read More
