The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Source:…
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Series A investor Aquiline Technology Growth led the latest funding round following the closure of a new $365 million fund, Aquiline Technology Growth Fund II,…
As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw second-quarter premiums drop by 18.4 percent. Source: Inman News
Qualia API users can automatically place and track title orders and access order, accounting and contact data to build custom notifications and performance dashboards. Source:…
Layoffs of 561 workers are expected to generate $70 million in annual cost savings, buying time for digital title insurer to adapt its “instant underwriting”…
The new suite of APIs automatically opens orders, tracks transaction status, exchanges documents and provides custom reporting features and notifications. Source: Inman News
The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than…
With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Source: Inman…
Executives say the layoffs will save the company about $30 million a year and help it bring its technology to bear on purchase mortgages. Source:…
Through its LENx investing division, Lennar has invested in a portfolio of two dozen companies, including Opendoor, Blend Labs, Divvy Homes and Doma. Source: Inman…