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.

Industry Briefs Oct. 20, 2021: SimpleNexus Acquires LBA Ware

SimpleNexus, Lehi, Utah, announced its acquisition of software firm LBA Ware, Macon, Ga. The transaction, SimpleNexus’ first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.

Industry Briefs Sept. 30, 2021: SimpleNexus Integrates with DocMagic

SimpleNexus, Lehi, Utah, integrated its Nexus Closing eMortgage platform with DocMagic’s eVault and eNote technologies. The integration enables automated generation of an eNote with a tamper-evident seal and delivers the eNote to a secure eVault for delivery to the MERS® eRegistry.

Industry Briefs Aug. 17, 2021

The Federal Housing Finance Agency released reports providing the results of the 2020 and 2021 annual stress tests Fannie Mae and Freddie Mac under the Dodd-Frank Act.

People in the News August 9, 2021

SimpleNexus, Lehi, Utah, announced executive appointments in operations and revenue generation.