Digital closing platform Snapdocs valued at more than $1.5B

Snapdocs has raised $150 million in a series D funding round. The platform is now used by more than 130,000 mortgage professionals a day, touching nearly 20 percent of U.S. real estate transactions. Continue reading

Stavvy lands $40M in funding, signs Flagstar Bank

Paperless closing provider Stavvy has landed $40 million in Series A funding from Morningside Technology Ventures, which the company says will allow it bring its expertise to bear in helping mortgage lenders serve troubled borrowers. Continue reading