Technology

SimpleNexus raises $20M in growth capital

Mortgage tech provider lands funds for expansion
Mortgage tech company SimpleNexus announced today it has raised $20 million in capital from Insight Venture Partners to fuel its plans for future growth. The company, which was a 2018 winner of HousingWire’s Tech100, offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents.
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Ginnie Mae to modernize its systems by 2020

Makes plans to accept digital mortgages
Ginnie Mae recently announced that it plans on giving its systems a major makeover, and hopes to complete its modernization by 2020. The agency said its mortgage-backed securities platform, while reliable, is in need of major upgrades. Here are the company’s plans for the next two years.
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Here are 11 tech companies revolutionizing mortgage lending

Wrap up of NEXT conference presenters
Did you miss the NEXT Women’s Mortgage Tech conference in Dallas last week? It’s all right, we've got you covered. They say seeing is believing, and these companies demonstrated they are bringing revolutionary change to an industry that is known for being behind technologically. Here are 11 companies whose tech is changing mortgage lending.
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New York imposes new consumer protection regulations on credit reporting agencies

Governor Cuomo takes a hardline on consumer protection, mandating cybersecurity programs and other regulations
New York announced today that it is requiring credit reporting agencies with significant operations in the state to register with its Department of Financial Services and comply with its cybersecurity standards. Governor Andrew Cuomo has been a vocal proponent of increased consumer protection, especially following the Equifax data breach.
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Black Knight introduces consumer-centric mortgage servicing solution

Company launches white-label servicing platform
Black Knight introduces a new solution aiming to help mortgage servicers deepen customer relationships and increase retention. The company explained that its new interactive, consumer-centric platform allows mortgage customers to make payments, view detailed payment history and perform other self-service functions within the application.
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7 things you want your boss to know about blockchain

What to understand about emerging blockchain technology
Blockchain is a powerful new technology, but since it isn’t mainstream yet, it may be difficult to justify to your boss, who still unsure about a blockchain strategy. These questions below are some of the ones that Factom's Crystal Wiese sees the most often and may be things your boss wants to know about blockchain, or even things you want your boss to understand better about this emerging technology.
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S&P Global plans acquisition of RateWatch

RateWatch will be integrated into S&P's global intelligence division
S&P Global announced plans to acquire B2B data business RateWatch from TheStreet. RateWatch will be integrated into S&P Global Market Intelligence, a division of S&P Global that provides individuals, companies and governments intelligence through financial and industry data, and news research.
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CoreLogic announces partnership with Elm Street Technology

Will offer Elevate marketing platform for real estate brokerages
CoreLogic announces a partnership with Elm Street Technology to offer the Elevate Broker Operating System and Services platform to real estate brokers. Under the agreement, the company will serve as an authorized reseller, offering Elevate through the Clareity DASH! platform to current broker clients, according to CoreLogic.
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