Industry Briefs Jan. 18, 2022: First American Acquires Mother Lode Holding Co.

First American Financial Corp., Santa Ana, Calif., signed an agreement for its acquisition of Mother Lode Holding Co., a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 17 operating subsidiaries throughout the U.S., including its principal subsidiary Placer Title Co.

Industry Briefs Jan.12, 2022: nCino Completes Acquisition of SimpleNexus

nCino Inc., Wilmington, N.C., completed its acquisition of SimpleNexus, a cloud-based, mobile-first homeownership software company, for total consideration of 12.76 million shares of nCino common stock plus cash consideration of $270 million, on a cash-free, debt-free basis and excluding transaction expenses.

CFPB Analysis Criticizes Consumer Reporting Companies on Complaint Response

A new Consumer Financial Protection Bureau analysis sharply criticized the three major nationwide consumer reporting companies, alleging changes in complaint responses provided by Equifax, Experian and TransUnion resulted in fewer meaningful responses and less consumer relief.

Industry Briefs Dec. 10, 2021: Beeline Completes Series A Funding

Beeline, Providence, R.I., a digital start-up mortgage lender, completed a Series A round of financing for an undisclosed amount. The capital will be invested in automation and artificial intelligence to improve the user experience for borrowers.

MBA Commends HUD Guidance on Special Purpose Credit Programs

HUD on Dec. 7 released guidance clarifying special purpose credit programs that conform with the Equal Credit Opportunity Act and Regulation B generally do not violate the Federal Fair Housing Act.

Industry Briefs Nov. 5, 2021: Pretium Acquires Anchor Loans

Pretium, New York, a specialized investment management firm with $30 billion in assets, acquired Anchor Loans LP, a provider of financing to residential real estate investors and entrepreneurs