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.

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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. Read more...

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. Read more...

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. Read more...

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. Read more...

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. Read more...

Are You Zigging When Others Are Zagging?

In every conversation I’ve had regarding the 2022 mortgage banking forecast, it’s clear that the year ahead will be challenging for lenders and originators. For those new to the industry, this might be a shock. But, experienced producers are all too familiar with the industry’s boom-or-bust cycles. Read more...

Podcast: Understanding How to Deal with Procrastination for Personal Development

Wendy Hart, an international speaker and coach, and the creator of The Procrastination Cure, joins host Jen Du Plessis to discuss procrastination. Read more...

Survey Finds Weaknesses in All-Digital Origination Process

“Some level of human interaction” is still needed in the mortgage application and approval process, and boilerplate digital approaches are making borrowers less satisfied with mortgage companies. That's the conclusion of an annual customer survey. So reports Inman. Read more...

Where Mortgage Biz Fears to Tread, 'Fake Landlords' Thrive

The mortgage industry has been cautious about investing in parts of Detroit with low property values, opening the way for “fake landlords” to prey on residents by collecting rent after losing their house to foreclosure or by renting out houses they’ve broken into. So reports NBC News. Read more...

Podcast: FinLocker’s Brian Vieaux Reflects on Live Industry Events

In a recent episode of the FinTech Hunting podcast, Brian Vieaux, president and chief operating officer at financial health app Finlocker, gives his take on the recent return to live industry events. Read more...

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