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5 February 2025 February 2025 ยป M T E C H ROCKET LAUNCHES NEW INTEGRATED SEARCH, FINANCE, AND MANAGEMENT WEBSITE TOOLS R ocket.com has been unveiled, courtesy of Rocket Companies. Rocket.com streamlines every stage of the homeownership process by enabling users to search, buy, and manage their home financing using an AI-driven interface. Rocket.com gives customers a one- stop shop and streamlines the process of becoming a homeowner in light of the current shortage of available homes and worries about cost. Conventional home search tools frequently only allow users to browse properties, depriving purchasers of the required direction or practical choices when they're ready to proceed. By combining property search, financing, and maintenance into a single site, Rocket.com will enhance this. Clients will be able to quickly view properties and get customized financ- ing choices from a Rocket Mortgage banker. "Rocket.com is designed for serious buyers and sellers, offering a stream- lined path to homeownership," said Jamie Belsky, Chief Product and Design Officer at Rocket. "The platform com- bines Rocket Mortgage's award-winning service with Rocket Homes' search and deep property insights. By leveraging AI technology, we are making buying a home more accessible and achievable for everyone." Rocket's AI Agent is at the center of the website. It offers round-the-clock assistance, responds to inquiries regard- ing mortgages and real estate, and up- dates clients and real estate brokers on interest rates and market developments. Furthermore, the AI Agent expedites operations like application completion, facilitates communication between us- ers and Rocket Mortgage bankers, and provides assistance along the process. Rocket's conversion rate from website visits to loan closings has tripled since its introduction thanks to this tool. MORTGAGE MACHINE SERVICES FULLY INTEGRATES AI-POWERED PRICING ENGINE INTO PROPRIETARY LOS A n artificial intelligence (AI)-powered pricing engine has been added by Mortgage Machine Services (Mortgage Machine), a digital origination solution for resi- dential mortgage lenders. Pricing for investors and aggregators of a lender is automatically ingested and updated by the pricing engine. Lenders can simpli- fy secondary market procedures with granular controls for administrators, such as mark-to-market tracking against current market circumstances, real-time lock restrictions, and global and prod- uct-level pricing modifications. "Our clients are already delivering outstanding feedback," said James Cassinelli, COO of Mortgage Machine Services. "One client told us that the pricing engine provides great benefits and increases efficiency by reducing the friction introduced by pairing a separate pricing engine with an LOS. Instead of updating pricing details between two different solutions, loan officers can do it all in one." Loan officers can view principal and interest breakdowns and compare rates using the pricing engine without having to switch screens or make calculations by hand. The Best X function of the pricing engine enables customers to quickly find the best rates for their borrowers. "We see the pricing engine as a necessity, rather than the bow on top," Cassinelli said. "We have fully integrat- ed the engine with Mortgage Machine's loan origination system at no extra cost to our LOS users." ROCKTOP TECHNOLOGIES INTRODUCES FORESIGHT TO IMPROVE FORECLOSURE TIMELINES T he Solutions-as-a-Service business Rocktop Technologies (Rocktop) has unveiled Fore- Sight, a process automation tool that eliminates foreclosure management's expenses and inefficiencies. According to the Mortgage Bankers Association (MBA), the solution comes as resi- dential mortgage delinquencies have increased recently, year over year. "Rocktop is launching ForeSight at a critical moment for our clients, who are still experiencing stalled growth and prioritizing expense reduction and operational improvements," said Cade Thompson, Co-President and Chief Growth Officer. By streamlining foreclosure title re- view procedures and offering cost savings and scalability, ForeSight assists mortgage servicers and their foreclosure lawyers in