article thumbnail

Concerns are growing over the rising cost of homeowners insurance

Housing Wire

The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk , a technology services company serving the residential real estate lending industry. average, according to estimates from the Insurance Information Institute.

Insurance 406
article thumbnail

Rocket to shut down origination channel for real estate and insurance agents

Housing Wire

Rocket Companies will soon shut down Rocket Pro Originate , a mortgage origination platform for real estate agents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Real Brokerage to acquire LemonBrew Lending

Housing Wire

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. Real’s technological vision for the future of integrated home buying is what drew us to the platform,” Dedhia said in a prepared statement. It has over 6,000 agents.

Brokerage 365
article thumbnail

Blend breaks into title insurance with latest acquisition

Housing Wire

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource.

Insurance 382
article thumbnail

ICE Mortgage Technology President Tim Bowler on mortgage automation

Housing Wire

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. SW: ICE Mortgage Technology is known for its focus on automation. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

article thumbnail

DataVerify Integrates with Rocket Companies’ Nexsys Technologies

Appraisal Buzz

DataVerify , a provider of data verification, risk mitigation and workflow automation services, has integrated with Rocket Companies’ Nexsys Technologies. DataVerify will directly connect with Nexsys Clear HOIsm, a tool from Nexsys Technologies that automates the verification of homeowners insurance (HOI) for mortgage lenders.

article thumbnail

Stavvy joins forces with WFG on eClosing tech solutions

Housing Wire

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, announced on Wednesday a new partnership with WFG National Title Insurance Company (WFG) to provide the company and its customers with eClosing technology solutions.

Insurance 351