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Mortgage Tech Rundown: DocMagic, Loan Vision, and ZestFinance

Mortgage Tech Rundown looks at the latest news in mortgage technology, featuring new product updates, integrations and announcements. DocMagic, a provider of eMortgage services, launched a new mobile application that aims to provide borrowers with a transparent way to stay fully…

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Supreme court to take on CFPB constitutionality case

The Supreme Court announced Friday it will take on the case challenging the constitutionality of the Consumer Financial Protection Bureau’s leadership. Back in 2017, a battle between the CFPB and PHH began, starting with a $103 million increase to a $6 million fine initially…

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Here’s how climate change could also change home values

Poorer communities in the U.S. are more likely to face falling home values as they struggle to adjust to floods and rising insurance costs, according to an article from Bloomberg. The Bloomberg article cited analysis from the San Francisco Reserve,…

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September’s home sales nearly hit 3-year high

In September, America’s home sales climbed 8.1%, representing the largest year-over-year increase since 2016, according to the RE/MAX National Housing Report. RE/MAX reports that September’s annual increase was the largest September increase since 2013. Although this was accompanied by an August-to-September decline…

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Airbnb doubles its loss in Q1

Short-term rental site Airbnb doubled down on its loss from the first quarter of 2018 in the first quarter of 2019, but the company appears more ready for growth than ever. Airbnb’s operating loss more than doubled from the first…

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