Blend Labs embraces Doma’s ‘instant title decisioning’ solution

Doma claims Upfront Title can saves borrowers 40 percent to 70 percent on title insurance. In a trial run with Mr. Cooper, the solution cut loan cycles by three days and saved borrowers hundreds of dollars on title fees. Continue reading

Trump administration expands Fannie Mae title waiver program

Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance. Continue reading

Here’s who sank and who soared in Q1 2024 earnings

Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. Continue reading

On the verge of going private, Doma Holdings is still in the red

San Francisco-based title tech provider, set to be acquired by Title Resources Group, posts a $20.6 million Q1 2024 net loss, down 46 percent from a year ago. Continue reading

Title underwriter TRG inks $85M merger deal to take Doma private

If approved by shareholders and regulators, the proposed merger would result in an all-cash transaction, with TRG acquiring Doma’s outstanding shares at 38 percent premium of $6.29 per share. Continue reading

Title technology provider Doma posts $124M 2023 net loss

CEO Max Simkoff says the company is well positioned to help lenders take advantage of the Biden administration’s push to reduce closing costs for mortgage borrowers. Continue reading

Doma sells off more title operations in Texas and Midwest

Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to Williston Financial Group in May. Continue reading

Doma hopes to keep its place on NYSE with reverse stock split

Shares in digital title and closing provider climb above $5, and the company will stay listed if its share price remains above $1 for the next 30 trading days. Continue reading

WFG swoops in to acquire nearly two dozen Doma title locations

The struggling digital title and closing provider is set to receive up to $24.5 million with earnouts “based on the retention of specified employees” by WFG Continue reading