Investors bullish on Blend on Q2 earnings and revenue beat

Cloud banking software provider maintains steady growth in consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders. Continue reading

California homebuyers will finally get the option to close virtually

Although the timeline is uncertain, the nation’s most populous state is on track to fall in line with 44 others that allow RON, a process that can speed real estate closings. Continue reading

Encompass users gain access to title data with Flueid integration

ICE Mortgage Technology’s popular loan origination system connected to Flueid Decision for underwriter-backed title clearance decisions on properties. Continue reading

Fully digitized closings can save lenders more than $400 per loan

Snapdocs research finds often overlooked secondary market efficiencies like reduced funding cycle time account for about 80 percent of savings. Continue reading

Snapdocs integrations with Byte, BeSmartee will automate closings

American Bancshares is among the first lenders to make the most of the new integration with BeSmartee to provide digital closing documents and collect eSignatures. Continue reading

Amrock aims to offer smartphone closings everywhere they’re allowed

The Rocket Companies subsidiary will roll out mobile eClosings for purchase loans by the end of 2022, an indication the practice of attending a closing in person may soon be coming to a close. Continue reading

Notarize lays off 110 employees, cites Sequoia’s warning to startups

Having “created a category” — remote online notarization — CEO Pat Kinsel says the company must evolve to survive a potential downturn. Continue reading

Mortgage tech provider Evolve makes third acquisition in 12 months

Now a provider of end-to-end loan services, Evolve acquires Brooks Systems to expand its regulatory compliance offerings. Continue reading

Why Century 21 CEO believes tech is overrated in the industry

At Inman Connect Las Vegas, Mike Miedler said onstage that it was the work of agents that powered America through the depths of the pandemic — and they’re the ones who provide value to the industry. Continue reading

Americans get comfy with digital transactions: report

A new report from Notarize shows that 81 percent of people in the U.S. feel safe making financial transactions online Continue reading