Mortgage firm Lower acquires Acopia Home Loans

Lower previously acquired residential portal and tech firm Movoto, and struck up a marketing partnership with HomeSmart. The Acopia deal helps the company expand in the Southeast. Continue reading

DR Horton gets into AI mortgage tech with Tidalwave stake

In addition to participating in a $22 million Series A raise, D.R. Horton will be a Tidalwave customer, deploying its AI-powered platform across mortgage subsidiary DHI Mortgage in a “landmark mortgage tech deal.” Continue reading

PartnerOne acquiring Mortgage Cadence from Accenture

The Denver-based developer of lending platform aimed at credit unions and independent mortgage banks serves consumer direct, wholesale, correspondent and distributed retail mortgage lenders. Continue reading

HomeSmart and Lower partnering on marketing, tech and mortgages

The agreement comes on heels of Lower’s acquisitions of Neat Labs and Movoto — and takes place as mortgage lenders look to real estate brokerages to win more homebuyers. Continue reading

LoanDepot revamps leadership as it fights steering allegations

Since returning in July as CEO of the company he founded, Anthony Hsieh has cleaned house, hiring or promoting 10 executives who can help take loanDepot “back to our roots.” Continue reading

RE/MAX taps an industry veteran to revive Motto Mortgage brand

Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate. Continue reading

Back as CEO, loanDepot founder has his work cut out for him

Anthony Hsieh brings back two technology executives after loanDepot, which hasn’t turned a full-year profit since 2021, posts $25 million Q2 loss. Continue reading

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

Waltz secures credit to scale foreign investment platform

Waltz, a tech-enabled fintech that helps foreign investors buy U.S. property, has secured a $25 million line of credit to scale operations. Continue reading

Covius inks agreement to acquire Blend’s Title365 business

Colorado-based Covius will continue to provide integrated title and closing services to Blend’s customers, and Title365 President Kirby Hulbert will join Covius’s settlement services team. Continue reading