Doma claims Upfront Title can saves borrowers 40 percent to 70 percent on title insurance. In a trial run with Mr. Cooper, the solution cut…
Posts published in “Max Simkoff”
Title tech provider expects $85 million merger with Dallas, Texas-based title insurance underwriter Title Resources Group to close later this year. Source: Inman News
If approved by shareholders and regulators, the proposed merger would result in an all-cash transaction, with TRG acquiring Doma’s outstanding shares at 38 percent premium…
CEO Max Simkoff says the company is well positioned to help lenders take advantage of the Biden administration’s push to reduce closing costs for mortgage…
Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to…
The struggling digital title and closing provider is set to receive up to $24.5 million with earnouts “based on the retention of specified employees” by…
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”…
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:…
Doma is racing to adapt technology it pioneered to provide “instant underwriting” of title insurance for mortgage refinancings, so that the same technology can also…
Digital title, escrow and closing provider Doma raised less than anticipated in a SPAC merger this week, after paying out nearly $295 million to early…