"More than 55% of consumers now use AI to aid financial management decisions, up from 10% a year earlier, according to data cited from TD Bank. Adoption is highest among Gen Z (77%) and millennials (72%), with usage also rising among Gen X (49%) and baby boomers (30%)."
Rezi Mortgage Assistant is a consumer-facing custom GPT available for free in ChatGPT’s GPTs tab. The tool provides mortgage and home equity guidance grounded in Newrez underwriting criteria, lending policies, and educational content. Responses are tailored to Newrez-eligible products and requirements rather than generic market assumptions. Users can ask questions about buying a home, qualifying for a loan, and accessing home equity. The assistant is designed to help consumers research options without submitting forms or speaking with a loan officer until they decide to engage. The launch aligns with rising consumer adoption of AI for financial management, with especially high usage among younger generations.
Read at www.housingwire.com
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