Technology

SoFi officially taps Twitter exec Anthony Noto to be new CEO

Replaces Mike Cagney, who stepped down last year amid controversy
SoFi has found its new leader. The online lender announced Tuesday morning that it selected Twitter Chief Operating Officer Anthony Noto to be the company’s new CEO. Noto replaces Mike Cagney, who abruptly resigned as CEO back in September with the company embroiled in controversy.
Read More

iEmergent joins The Mortgage Collaborative

iEmergent joins the co-op's preferred partner network
Independent mortgage cooperative The Mortgage Collaborative announced recently the addition of forecasting and analytics firm iEmergent to its preferred partner network. iEmergent, a 2017 HW Tech100 winner, offers TMC members market-based forecasts and intelligence.
Read More

Fast-growing local marketplace app letgo expands into real estate listings

App now allows sale and rental listings
If you’ve been anywhere near a TV in the last year or so, you’ve probably seen a commercial for letgo, an app that connects sellers to buyers and vice versa. Up to this point, letgo built it fast-growing business on things like electronics, collectibles, clothing, furniture, cars and more. But now, letgo is getting into housing.
Read More

SoFi reportedly wants Twitter COO Anthony Noto as its new CEO

WSJ reports that online lender offered job to former Goldman Sachs banker
It appears that SoFi thinks that Twitter Chief Operating Officer Anthony Noto is the right person to lead the online lender out of its recent rough patch. SoFi has been on the hunt for a new CEO following Mike Cagney's abrupt resignation back in September amid controversy.
Read More

Hippo raises $25 million to disrupt homeowners insurance business

Plans to grow beyond California, Arizona, and Texas
Hippo, a California-based digital homeowners insurance company, announced Monday that it raised $25 million in its Series B funding round that it plans to use to continue its growth. Hippo has expanded to Arizona and Texas since its April 2017 launch. But, the company doesn’t plan on stopping there.
Read More

Blockchain expert: "It's not going away"

At NEXT, Debbie Hoffman demystifies blockchain
Blockchain expert Debbie Hoffman, an attorney and co-founder of Symmetry Blockchain Advisors, spoke to NEXT conference attendees about blockchain technology’s emergence in the mortgage and finance industry, where it has not become widely recognized…yet.
Read More

Experts agree: Construction lending needs to change

And here’s how
At the NEXT women’s conference Thursday in Dallas, Texas, a panel of experts, moderated by our own Sarah Wheeler, managing editor of HW content solutions, gathered together to talk about the changes that need to come to the construction lending industry. Built CEO Chase Gilbert explained, “It’s a confusing and intimidating space but it doesn’t have to be.”
Read More

NEXT mortgage conference kicks off by empowering women to stand together

Attendants prepare to learn latest trends in mortgage tech
NEXT, the mortgage tech conference for women, has kicked off, and its leaders began by describing the importance of women in not just mortgage finance, or tech, but in the business world. The conference is full of women from all over the U.S., ready to learn the latest trends from the mortgage tech industry, and the next two days should bring the latest trends to the forefront.
Read More