Industry Briefs, June 16, 2025
Covius to Acquire Title365 From Blend
Covius, Denver, announced a definitive agreement to acquire Title365 Holding Co., from Blend Labs, San Francisco.
In addition to servicing its own client base, Title365 will continue to partner with Blend to provide integrated title and closing services for Blend customers.
Title365 President Kirby Hulbert and his team will join Covius’ Settlement Services team.
The transaction is subject to third-party consents and regulatory approvals.
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Optimal Blue Launches Lead Generation Tool for Originators
Optimal Blue, Plano, Texas, announced a new product to help originators track and identify refinance opportunities.
The tool, Capture for Originators, is available to Optimal Blue PPE users and can dramatically reduce the manual effort loan officers spend evaluating refinance potential.
It provides a dashboard that surfaces closed loans with refinance potential, complete with break-even calculations for multiple scenarios, closing cost estimates and borrower savings analysis.
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Experian Announces New Collaboration With Plaid
Experian, Costa Mesa, Calif., announced a collaboration with Plaid, San Francisco, aimed to help lenders leverage cashflow insights.
The integration allows lenders access to both companies’ expertise in credit analytics and real time cashflow-data to help expand access to credit, improve risk assessments and support more inclusive lending practices.
When a consumer consents to share cash flow data from their bank account during a loan application, a Consumer Report is generated on their behalf by Plaid’s consumer reporting agency and then delivered to Experian via a seamless integration. Experian analyzes the data and returns a predictive Cashflow Score or a set of Cashflow Attributes to the lender.
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A&D Mortgage Rolls Out Improvements to FHA Lending Programs
A&D Mortgage, Fort Lauderdale, Fla., announced improvements to its FHA lending programs.
The changes are geared toward improving access for FHA borrowers and assisting A&D’s partners on rates and reduced fees.
The new features include a minimum FICO of 580, manual underwriting to provide more flexibility, temporary buydowns in the early years of mortgages and the eligibility of multi-wide manufactured homes.
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Land Gorilla Automates Statutory Lien Waiver Process
Land Gorilla, San Luis Obispo, Calif., introduced a new tool embedded within its Land Gorilla platform to automate the generation of state-specific lien waivers to facilitate safe construction loan disbursements.
The tool seamlessly integrates state-specific statutory lien waivers into the draw process, intelligently populating them.
The Statutory Lien Waivers tool can help cut time, reduce errors, mitigate compliance issues, lower administrative burdens and enhance proactive risk management.
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Blue Sage Solutions Announces Freddie Mac Collaboration
Blue Sage Solutions, Englewood Cliffs, N.J., announced a collaboration with Freddie Mac to integrate positive rental payment history into the mortgage approval process.
It aims to help expand homeownership opportunities for long-time renters.
Freddie Mac’s Loan Product Advisor began incorporating positive rental payment history into its credit assessment for conventional loans. Blue Sage Solutions now allows originators the option to indicate a borrower’s positive rental history in the Blue Sage Digital Lending Platform.
Blue Sage Solutions’ implementation of Freddie Mac’s LPA update will ensure that lenders can immediately begin using a borrower’s rental payments in their underwriting.
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