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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Rocket Mortgage Renames Michigan State Basketball Team

Rocket Mortgage has announced a five-year sponsorship deal with the Michigan State University men’s basketball team, which will result in a longer name for the Big Ten squad. So reports The Detroit News.

!--more-->The Michigan State Spartans will henceforth be called the “MSU Spartans Presented by Rocket Mortgage,” thanks to the Detroit-based mortgage lender’s backing.

According to the university, the agreement will make the Rocket Companies Inc. brand “synonymous with Spartan athletics.”

Read the full article from The Detroit News.

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