Porch shares soar 55% on $14M Q3 profit and restructuring plan

Regulators have signed off on plans to restructure insurance business into a company that’s owned by policyholders and operated by Porch, insulating it from catastrophic weather events. Continue reading

Floify teams with Argyle for income and employment authentication

Mortgage tech provider Floify’s partnership allows lenders to perform Freddie Mac- and Fannie Mae-compliant verifications without leaving the Floify platform, executives announced Thursday. Continue reading

Regulators place Porch’s insurance subsidiary under supervision

Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co. Continue reading

Homebuyers can start loan apps with Google or Facebook credentials

Floify claims it’s the first first major mortgage point-of-sale software provider to offer Single Sign-On (SSO) capabilities. Continue reading