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Legacy Group Capital acquires home equity investment fintech Rook Capital

Housing Wire

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

Investing 431
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Following sale, Black Knight Origination Technologies rebrands to Dark Matter Technologies

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies, has rebranded after being acquired by the Perseus Operating Group of Constellation Software Inc. ICE Mortgage Technology announced plans to acquire Black Knight for $13.1 billion in May 2022, but antitrust concerns delayed the deal for more than a year.

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Radian Group announces strategic investment in FinLocker 

Housing Wire

Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. Terms of the deal were not disclosed. FinLocker also does both of those things,” said Radian’s CEO Rick Thornberry. “As

Investing 441
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Is now a good time to invest in real estate automation technologies?

Housing Wire

However, it’s also a good time to invest in digital transformation. HousingWire recently spoke with Michael Valdes, president and founder of Axis Technical Group, about investing in automation technologies as a way to prepare for the next boom cycle. Now is an ideal time to invest in automation systems and digital workflows.

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Optimal Blue CEO Scott Smith on making the right tech investments

Housing Wire

Editor in Chief Sarah Wheeler sat down with Scott Smith, interim CEO at Optimal Blue , to talk about the right tech investments to make now and how the company plans on keeping its customers for life. We have a pretty strong investment being part of Constellation Software now. Sarah Wheeler: What differentiates your tech? 1 provider.

Investing 431
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The Mortgage Collaborative’s Emerging Technology Fund announces investment in Maxwell

Housing Wire

The Mortgage Collaborative announced today the first investment of its recently launched TMC Emerging Technology Fund LP, or TMC Fund. The venture capital program is funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

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How technology can help mortgage lenders combat repurchase risk

Housing Wire

As a result, lenders aim to include reliable mortgages in their securities and have technology to assess credit risk, detect fraud, and monitor performance — in order to avoid forced buybacks or losses for investors that diminish market confidence. This helps attract ongoing investment capital into the housing sector.