Items Tagged with 'Sindeo'


  • Sindeo's savior revealed: Renren revives mortgage startup

    Chinese social network previously invested in San Francisco-based startup
    Three weeks ago, Sindeo, a San Francisco-based mortgage technology firm shockingly shut down without warning. But Monday, things took a decidedly unexpected turn, as the company’s website was back up and functioning as if nothing had happened. HousingWire can now confirm that Sindeo was acquired by one its investors – Renren, a social media network in China.
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  • Another shocker: Sindeo is suddenly back in business

    Three weeks after shutting down, company's website is functioning again
    Three weeks ago, San Francisco-based mortgage technology firm Sindeo shocked the mortgage business when it closed down without warning, and seemingly without explanation. Now, in an equally shocking and unexpected move, Sindeo appears to be back in business, as if nothing happened.
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  • Here's why Sindeo shuttered its business

    CEO outlines reasons in note to investors
    In a surprise move Tuesday night, mortgage tech company Sindeo announced it was closing its business — laying off all but a few employees to help finish out its current loan obligations. In CEO Nick Stamos’ note posted to the company’s website, no reason was given for the closure. However, in a note to investors, advisors and friends, Stamos gave more detail about the reasons behind the move.
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  • Shocker: Mortgage tech firm Sindeo suddenly folds

    Four-year-old firm permanently lays off all but a few employees
    San Francisco-based mortgage technology firm Sindeo, which entered the market four years ago, announced Tuesday evening that it is abruptly and immediately closing its doors. Sindeo’s CEO, Nick Stamos, published a letter on the company’s website announcing the closure. Click the headline to read more about Sindeo’s sudden shuttering.
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  • Want to recruit more Millennials? Learn what matters most from our experts

    HousingWire Rising Stars give tips on what really works
    One thing became clear very quickly during HousingWire’s webinar on how to hire Millennials on Thursday — few attendees knew they wanted to go into housing at the outset of their careers. And yet, like our three panelists, they are all got into the industry one way or another. So how do we get others to join a space that a lot of Millennials are unfamiliar with? These three HousingWire Rising Stars give tips on where to start to fix this problem.
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  • Innovation in housing and home financing takes the stage at SXSW 2017

    SXSW shifts to include typically "unsexy" industries
    For many people, South By Southwest represents the epitome of music exploration. What you may not realize is how the festival has grown over the last 30 years since it’s inception, not only exploring the future of entertainment and media, but also the best of innovation across technology and business. And now this year, innovation in housing and finance were brought center stage at SXSW. This is great news for an industry that's behind when it comes to technology.
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  • Sindeo launches 5-minute digital mortgage

    Consumers in general push for more technology
    Earlier this year, Sindeo’s CEO stated that consumers in general, not just Millennials, are pushing the home financing industry to go digital. Consumers now expect technology since they’ve already experienced it. In light of this, Sindeo announced the launch of its newest technology, SindeoOne.
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  • Sindeo hires Deepak Kumar as COO/CFO

    Previously Fannie Mae senior executive and VP
    Kumar filled Sindeo’s executive position and now looks to lead the team into new expansion. He brings 20 years of experience, along with prior history at Fannie Mae to the company.
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  • From HW Magazine

    Digital disruption: How consumer demand is pushing lenders to a new normal

    Do legacy lenders or tech startups have the advantage?
    Saddled with legacy systems and burdened with changing regulations, the mortgage industry has been slow to adopt digitization compared to many other industries. Now, however, the industry must provide more transparency to regulators and satisfy consumers while managing tighter margins. In this perfect storm, there’s only one lifeboat — a digital process.
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  • Sindeo joins REach Real Estate accelerator class of 2016

    NAR program provides education, mentorship and market exposure
    “Sindeo is modernizing the mortgage experience, making it simpler and more transparent for consumers and the Realtors they work with,” said Dale Stinton, president of Second Century Ventures, and CEO of the National Association of Realtors.
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