Ocrolus grows clientele with new capabilities and document types

AI document automation platform signs 100 new customers in 2023 and now supports more than 1,150 types of documents to serve a growing number of use cases, including mortgage. Continue reading

How was your year? Take the Inman Intel Index survey: December 2023

The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry’s most engaged community. Add your voice to the industry’s most ambitious monthly survey. Continue reading

Personal info of nearly 15M people exposed in Mr. Cooper data breach

Personal information in exposed files included names, addresses, phone numbers, Social Security numbers, dates of birth, bank account numbers, Mr. Cooper said. Continue reading

For nearly half a century, Saul Klein has been a tech pioneer, evangelist

In the most recent edition of his Snapshot series, Brandon Doyle talks to Saul Klein about being at the forefront of technology and internet adoption in the residential real estate industry. Continue reading

Mr. Cooper: Hackers got personal info on past and present customers

Loan servicing giant Mr. Cooper, which is facing multiple lawsuits over a recent cybersecurity breach, will provide two years of identity protection services and credit monitoring to all current and former customers. Continue reading

Opendoor founder Eric Wu leaving company to focus on startups

Wu founded Opendoor in 2014 and served as the company’s chief executive officer until last year. He said in a statement that he’s leaving to focus on building new things. Continue reading

Closing escrow: Rebate-based Prevu lands $6M Series A

Alternative brokerage model Prevu secured $6 million in a Series A round of funding to continue providing its “Carvana-like,” technology-first brokerage service. Continue reading

Merger of Lower and Thrive would give Veritex 12.5% ownership stake

Parent company of Veritex Community Bank, which paid $54.9 million to acquire a 49 percent interest in Thrive Mortgage in 2021, expects a $25 million to $30 million loss if the deal closes. Continue reading