Series A investor Aquiline Technology Growth led the latest funding round following the closure of a new $365 million fund, Aquiline Technology Growth Fund II, back in May. Continue reading
The wholesale lender is hiring and training lawyers to generate attorney opinion letters in-house in order to meet what the company expects to be strong demand. Continue reading
The nation’s largest wholesale mortgage lender moves to capitalize on rule changes by mortgage giants Fannie Mae and Freddie Mac aimed at helping borrowers save on their closing costs. Continue reading
As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw second-quarter premiums drop by 18.4 percent. Continue reading
SingleSource Property Solutions and Voxtur launch an alternative to title insurance that’s designed with Fannie Mae and Freddie Mac’s new guidelines in mind. Continue reading
Layoffs of 561 workers are expected to generate $70 million in annual cost savings, buying time for digital title insurer to adapt its “instant underwriting” technology for purchase loans. Continue reading
The new suite of APIs automatically opens orders, tracks transaction status, exchanges documents and provides custom reporting features and notifications. Continue reading
Title and escrow software-as-a-service provider’s tech platform, Flueid Decision, can now detect solar panels and liens. Continue reading
Executives say the layoffs will save the company about $30 million a year and help it bring its technology to bear on purchase mortgages. Continue reading
Title insurance premiums surged 36 percent in 2021 to a record $26.2 billion as low mortgage rates spurred refinancings, according to an analysis released Friday by the American Land Title Association. Continue reading