Tag: Industry Briefs

ICE Mortgage Technology, Pleasanton, Calif., announced the Colorado Housing and Finance Authority integrated Encompass Investor Connect and AIQ into its technology, enabling faster and easier loan delivery and funding.

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.

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.

Covius, Denver, integrated Stavvy into its loss mitigation and loan modification platforms. Stavvy is a Boston-based fintech company specializing in eClosing functionality and remote online notary services.

Firstsource Solutions Ltd., Mumbai, India, a global provider of business process management services, entered into an agreement to acquire American Recovery Services Inc., a nationwide legal collections network headquartered in southern California.