Author Archives: Matt Carter

Mortgage tech provider Blend pulls back on hiring, eyes Title365 layoffs

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A sharp decline in mortgage refinancing prompts Blend to pull back “very hard” on hiring and reconsider the “right number of people” needed in the title insurance segment. Continue reading →

Ally now offers mortgages powered by Better in 46 states

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Ally announced a strategic partnership with Better in 2019 in which Better sells, processes, underwrites, and closes Ally’s digital mortgage offerings, while Ally retains control of marketing, advertising and loan pricing. Hawaii, Nevada, New Hampshire… Continue reading →

New tools from Clear Capital facilitate desktop appraisals

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Real estate agents and brokers approved by Clear Capital provide property information and photos that supplement data from public sources, helping appraisers complete accurate desktop appraisals. Continue reading →

Pennymac lays off 236 workers after upping tech, marketing investments

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The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers. Continue reading →

California-based unicorn PandaDoc stands with Ukrainian employees

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The company continues to pay its Ukrainian workers, including those who are engaged in the fight to defend their country, and is actively recruiting new talent in the war-torn nation. Continue reading →

Stewart acquires largest title agency in Illinois

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Stewart yanks market share from rivals Fidelity and Old Republic by acquiring Greater Illinois Title and subsidiaries with operations in 23 states. Continue reading →

Rocket acquires personal finance app Truebill in $1.275B deal

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The acquisition could not only help Rocket boost its purchase loan business, but provide a steady source of revenue that’s not tied to the cyclical ups and downs of real estate. Continue reading →