Busy day: Optimal Blue pushes out seven new mortgage products

Mortgage technology technology Optimal Blue on Tuesday announced a series of new products and innovations at its inaugural Optimal Blue Summit user conference in San Diego.The company first announced the launch of a new artificial intelligence-powered assistant. The new product, dubbed Ask Obi, will
Read MoreBoomers, or boogeymen? The ‘silver tsunami’ brings anxiety and opportunity

The so-called “silver tsunami” — referring to some kind of “rush” of older people into certain places, out of the workforce or to their housing stock, depending on who you talk to — is likely to have serious economic ramifications with negative potential, or a lot of upside potential due to the ways
Read MoreDOJ to participate in oral arguments in REX appeal

The Department of Justice (DOJ) got its wish. On Friday, the Ninth Circuit Court of Appeals granted the DOJ’s request to speak at oral arguments in an appeal filed by now-defunct discount brokerage REX Real Estate in its lawsuit against the National Association of Realtors (NAR) and Zillow. In early
Read MoreChopra’s parting shot: A CFPB blueprint for state-level enforcement with teeth

Before he was predictably fired by President Trump, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra published a template for state-level regulators to continue the core mission of the agency after he’s gone and Republicans work to dismantle the consumer watchdog.After firing Chopra
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