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Digital Mortgage Platform SimpleNexus Sold for $1.2B SimpleNexus, a tech startup offering a digital mortgage platform for loan officers, borrowers and real estate agents, has inked a sale worth $1.2 billion to cloud banking solutions developer nCino. So reports WilmingtonBiz.
Tech Startup FairPlay Raises $4.5M to Fight Bias with Artificial Intelligence FairPlay, which says it uses artificial intelligence to help lenders cut bias out of the application process, has cinched $4.5 million in seed funding. So reports Inman.
Ex-Realtor Gets Four Years in Jail for $4M Mortgage Scam A former realtor has received a four-year prison sentence for orchestrating a mortgage scam that bilked distressed homeowners out of almost $4 million. So reports The San Gabriel Valley (Calif.) Tribune.

Digital Mortgage Platform SimpleNexus Sold for $1.2B SimpleNexus, a tech startup offering a digital mortgage platform for loan officers, borrowers and real estate agents, has inked a sale worth $1.2 billion to cloud banking solutions developer nCino. So reports WilmingtonBiz.
Tech Startup FairPlay Raises $4.5M to Fight Bias with Artificial Intelligence FairPlay, which says it uses artificial intelligence to help lenders cut bias out of the application process, has cinched $4.5 million in seed funding. So reports Inman.
Ex-Realtor Gets Four Years in Jail for $4M Mortgage Scam A former realtor has received a four-year prison sentence for orchestrating a mortgage scam that bilked distressed homeowners out of almost $4 million. So reports The San Gabriel Valley (Calif.) Tribune.
Podcast: Achieving Financial Freedom Through Apartment Building Investing Michael Blank, a real estate investor and bestselling author, joins host Jen Du Plessis to discuss how to achieve financial independence and control your time through apartment building investing.
Ask The Expert: More Thoughts on Balancing a Pipeline vs. Marketing In a previous column, I responded to "Frustrated in Washington," who wrote about the challenges balancing pipeline management and marketing. Here are some more thoughts on the subject.

Bodnar of MMG: What Omicron Means for You, Clients and Partners In response to the emergence of Omicron, also known as B.1.1.529, a new and potentially more transmissible COVID variant, home loan rates improved from the highest levels of 2021. That's according to Bill Bodnar of The Mortgage Market Guide.
FHFA Is Expected to Raise Loan Limits to Nearly $1M The federal government will soon begin backing home loans of almost $1 million, experts have predicted. So reports CNN.

Digital Mortgage Platform SimpleNexus Sold for $1.2B SimpleNexus, a tech startup offering a digital mortgage platform for loan officers, borrowers and real estate agents, has inked a sale worth $1.2 billion to cloud banking solutions developer nCino. So reports WilmingtonBiz.
Tech Startup FairPlay Raises $4.5M to Fight Bias with Artificial Intelligence FairPlay, which says it uses artificial intelligence to help lenders cut bias out of the application process, has cinched $4.5 million in seed funding. So reports Inman.

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Bodnar of MMG: What Omicron Means for You, Clients and Partners In response to the emergence of Omicron, also known as B.1.1.529, a new and potentially more transmissible COVID variant, home loan rates improved from the highest levels of 2021. That's according to Bill Bodnar of The Mortgage Market Guide.
FHFA Is Expected to Raise Loan Limits to Nearly $1M The federal government will soon begin backing home loans of almost $1 million, experts have predicted. So reports CNN.
Mortgage Rates Rise to 3.1% Amid Uptick in Inflation After a one-week decline, U.S. long-term mortgage rates have continued their recent march upward from historic lows. So reports MarketWatch.

Bodnar of MMG: What Omicron Means for You, Clients and Partners In response to the emergence of Omicron, also known as B.1.1.529, a new and potentially more transmissible COVID variant, home loan rates improved from the highest levels of 2021. That's according to Bill Bodnar of The Mortgage Market Guide.
FHFA Is Expected to Raise Loan Limits to Nearly $1M The federal government will soon begin backing home loans of almost $1 million, experts have predicted. So reports CNN.
Mortgage Rates Rise to 3.1% Amid Uptick in Inflation After a one-week decline, U.S. long-term mortgage rates have continued their recent march upward from historic lows. So reports MarketWatch.
Cooling Refinance Demand Drags Down Mortgage Activity Demand for mortgages, particularly refinances, has kept declining as mortgage rates recover. So reports CNBC.
62% of U.S. Consumers Open to Buying a Home at Auction: Survey With more homes predicted to hit the auction market following the expiration of the foreclosure moratorium, new survey results suggest that most consumers would weigh the option of buying a home at auction. That’s according to a press release from digital mortgage service provider ServiceLink.