Ellie Mae vets form SPAC to acquire mortgage and real estate startups

Southport Acquisition Corp. will look to acquire companies with $50 million to $100 million in revenues that are valued between $1 billion and $2 billion. Continue reading

Mortgage tech startup SimpleNexus to be acquired by nCino for $1.2B

Deal provides cloud banking solutions provider, nCino, with an entry point to $4 billion U.S. point-of-sale mortgage market. Continue reading

SimpleNexus acquires LBA Ware in bid to expand lender toolset

LBA Ware CEO Lori Brewer, who founded the company in 2008, will join SimpleNexus as executive vice president and general manager. Continue reading