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.
Tag: Zillow
Housing Market Roundup: Dec. 21, 2021
So many reports, so little time. Here’s a roundup of recent housing market reports that came across the MBA NewsLink desk:
Industry Briefs Dec. 20, 2021: Clear Capital Launches ClearPhoto
Clear Capital, Reno, Nev., launched ClearPhoto, a set of AI-driven rules built into ClearCollateral Review, automating the review of property photos and ensuring they are aligned with the appraisal data and sketch.
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.
Zillow: Home Builders Still Playing Catchup
Zillow, Seattle, said limited supply of for-sale homes is a key reason home prices have risen quickly during the COVID-19 pandemic.
Housing Market Roundup Nov. 22, 2021
Here’s a summary of some of the latest housing and economic reports that have come across the MBA NewsLink desk:
Zillow: Housing Market Moderation Gives Buyers Breathing Room
Zillow, Seattle, said the housing market’s modest calming, which began late in the summer, continued into early fall.
When Baby Boomers, Millennials Compete for Homes, Boomers Usually Win
The two largest population cohorts in the U.S.—Baby Boomers and Millennials—are competing for scarce supply of homes in most markets. And, according to an analysis by Zillow, Seattle, Boomers are winning in most cases.
Housing Market Roundup Oct. 7, 2021
Here’s a summary of current housing market reports that came across the MBA NewsLink desk:
August Apartment Market Performance Surges
August set records for U.S. apartment rent growth and occupancy, reported RealPage, Richardson, Texas