Author Archives: Matt Carter

After retiring SimpleNexus brand, nCino grows its mortgage business

By | | Uncategorized
Comments Off on After retiring SimpleNexus brand, nCino grows its mortgage business

Since acquiring SimpleNexus for $933.6 million and rebranding the company, nCino has been signing new clients and cross-selling its new mortgage capabilities to existing customers. Continue reading →

Rocket’s new CEO Varun Krishna takes seat on board of directors

By | | Uncategorized
Comments Off on Rocket’s new CEO Varun Krishna takes seat on board of directors

The mortgage lending giant’s board of directors has been expanded from seven members to eight to accommodate the move. Krishna’s term will expire at the company’s 2026 annual meeting. Continue reading →

Title insurer First American back online after cybersecurity incident

By | | Uncategorized
Comments Off on Title insurer First American back online after cybersecurity incident

There are “some limits to functionality” as First American continues efforts to return to normal business operations following a cybersecurity breach that led the company to isolate some systems from the internet on Dec. 20. Continue reading →

Mortgage rates are in free fall as economy continues to cool

By | | Uncategorized
Comments Off on Mortgage rates are in free fall as economy continues to cool

While Fed policymakers had forecast three rate cuts next year, futures markets now see an 85 percent chance of at least six rate cuts after a key inflation metric shows the economy is cooling rapidly. Continue reading →

MyHome expands menu of lender services with Volly acquisition

By | | Uncategorized
Comments Off on MyHome expands menu of lender services with Volly acquisition

Volly’s customer relationship management, lead conversion and portfolio retention tools will be offered to lenders through WFG Enterprise Solutions. Continue reading →

Title insurer First American and many subsidiaries remain offline

By | | Uncategorized
Comments Off on Title insurer First American and many subsidiaries remain offline

The Dec. 20 cybersecurity incident has derailed closings and generated complaints about the lack of communication since the company took some systems offline. Continue reading →

LoanCare says data breach affected 1.3M mortgage customers

By | | Uncategorized
Comments Off on LoanCare says data breach affected 1.3M mortgage customers

Parent company Fidelity National Financial has not said whether other subsidiaries were affected in cybersecurity incident it discovered and contained in November. Continue reading →

First American Financial warns clients to watch out for fake emails

By | | Uncategorized
Comments Off on First American Financial warns clients to watch out for fake emails

Two days after being hit by a cyberattack, the title insurance giant says it’s still trying to restore operations and warns clients that it’s taken its email system offline. Continue reading →

Loan subservicer Dovenmuehle Mortgage laying off 212 workers

By | | Uncategorized
Comments Off on Loan subservicer Dovenmuehle Mortgage laying off 212 workers

Illinois-based Dovenmuehle Mortgage, which collects monthly payments from homeowners in all 50 states on behalf of lenders and investors, says it’s cutting HQ staff but not closing down. Continue reading →