Palantir Technologies and mortgage outsourcing firm Moder have formed a strategic partnership to co-build an artificial intelligence (AI)-powered mortgage operations platform, with Freedom Mortgage servicing the first pilot customer, the companies announced Thursday. The platform combines Palantir’s data and AI infrastructure with Moder’s mortgage operations expertise to automate and standardize key workflows, according to the…
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The Montana Supreme Court issued a unanimous ruling this week upholding the state’s 2023 housing reform package, preserving a suite of zoning changes intended to increase housing supply. The decision resolves a legal challenge brought by a homeowner-led group against several measures that loosen single-family zoning rules and require local code updates – reforms that…
Clayton Home Building Group introduced a new line of smaller, factory-built homes under its TRU brand aimed at price-sensitive buyers and infill lots, according to a company announcement. The TRU Mini Home Collection features homes under 900 square feet with two- and three-bedroom floor plans. The homes are built in Clayton’s HUD-code manufactured housing facilities…
United Holding Corp., the parent of United Wholesale Mortgage (UWM), is facing new competition in its bid to acquire Two Harbors Investment Corp., which may force the company to sweeten its offer for the real estate investment trust (REIT). A competing bidder has offered $10.70 per share in cash, valuing the company at roughly $1.12…