Wolters Kluwer Governance, Risk & Compliance, Minneapolis, signed an agreement with The Reynolds and Reynolds Co. to acquire International Document Services Inc., Draper, Utah, a provider of compliance and document generation software platforms for the mortgage and real estate industry, for $70 million in cash.
Tag: Ginnie Mae
Servicing22: How the Pandemic Made Government Loan Programs More Nimble
ORLANDO—Perhaps the most innovative adaption in the real estate finance industry during the coronavirus pandemic came not from the mortgage industry itself, but from the historically least agile sector—government loan programs.
Industry Briefs Feb. 18, 2022: Constellation Mortgage Solutions Acquires ReverseVision
Constellation Mortgage Solutions Inc., Southfield, Mich., acquired ReverseVision Inc., San Diego, a provider of Home Equity Conversion Mortgage and private reverse mortgage sales origination software.
Industry Briefs Feb. 10, 2022: Insellerate Gets Capital Investment
Insellerate, Newport Beach, Calif., a provider of customer relationship management and marketing automation platforms to the mortgage lender and real estate industries, announced a strategic investment led by Argentum with participation from First Analysis.
Industry Briefs Jan. 31, 2022: Ginnie Mae Streamlines Servicing Requirements
Ginnie Mae issued All-Participants Memorandum 22-01 streamlining its documentation requirements for servicers participating in the FHA Advanced Loan Modification program.
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.
Senate Approves Alanna McCargo as Ginnie Mae President
The Senate on Tuesday approved Alanna McCargo as President of Ginnie Mae by voice vote.
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.
Industry Briefs Nov. 17, 2021: nCino to Acquire SimpleNexus for $1.2 Billion
nCino, Wilmington, N.C., announced it will acquire SimpleNexus, Lehi, Utah, for $1.2 billion.
MISMO Commends Ginnie Mae Extension of Digital Collateral Program to Paper Mortgages
Ginnie Mae, Washington, D.C., issued an All-Participants Memorandum (APM 21-07) expanding use of certain features found in its digital collateral program to paper mortgages, a move expected to make it more efficient for Issuers to modify paper mortgages.