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.

Estimated reading time: 0 minutes, 59 seconds

Black Knight Buys Cloud-Based Mortgage Broker LOS from NexSpring

Black Knight has acquired a cloud-based loan origination system (LOS) from NexSpring Financial to broaden its ability to serve mortgage brokers, the company announced. The new digital lending platform will be a key part of the company’s ecosystem.

!--more-->The platform will be integrated into the Black Knight Empower LOS so brokers using the new digital lending platform and wholesalers using Empower will benefit from a more streamlined and connected experience.

“Black Knight is on a mission to share the advantages of our high-performance software, data and analytics with mortgage brokers, who represent the fastest-growing origination channel in the industry,” said Anthony Jabbour, CEO, Black Knight. “This broker-specific digital lending platform enables these entrepreneurs to benefit from many of the same powerful capabilities used by large lenders on a platform that meets their own unique needs and can easily scale as their business expands.”

The platform, which also features a mobile-friendly application, is designed for entrepreneurial originators looking for a better and more efficient way to originate loans. The on-boarding process provides credentials in just minutes so users can quickly start increasing their productivity with the platform’s toolset.

Read the full press release from Black Knight. 

Read 20240 times
Rate this item
(0 votes)


click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.