reAlpha Tech shares surge 20.02% after-hours following acquisition of GTG Financial to expand AI-driven mortgage operations.

reAlpha Tech Corp. (AIRE) surged 20.02% in after-hours trading following an announcement of an AI mortgage platform upgrade, which positions the company to enhance operational efficiency in its mortgage services division. The upgrade is expected to streamline loan processing and improve customer experience, aligning with the firm’s strategy to leverage artificial intelligence for competitive differentiation. This development builds on recent strategic acquisitions, including GTG Financial, to expand its AI-driven mortgage operations. The after-hours rally reflects investor optimism about the company’s technological advancements and potential for improved market positioning in the mortgage technology sector.