States Title raises 3 million to digitize real estate closings States Title, which has quickly grown into one of the nation’s largest title insurance and settlement services companies, announced Thursday that it has raised $123 million to continue digitizing real estate closings. According to

OCC’s Otting steps down one day after releasing Community Reinvestment Act reform Just one day after unveiling sweeping reforms to the Community Reinvestment Act, Comptroller of the Currency Joseph Otting has stepped down from his role as one of the nation’s top banking regulators. On W

FHFA moves closer to ending conservatorship, issues new rule on allowing Fannie Mae, Freddie Mac to build capital Fannie Mae and Freddie Mac moved closer this week to ending their decade-plus-long stay in conservatorship when they announced that they are looking for financial advisors to assist in

Patty Arvielo to speak at June’s virtual engage.marketing summit With more than 30 years of mortgage industry experience, Patty Arvielo helms New American Funding‘s daily operations of more than 200 branches, 3,300 employees and a servicing portfolio of more than 131,000 loans for $32 billi

Spruce raises million in Series B funding Real estate tech company Spruce has raised $29 million in Series B funding led by Scale Venture Partners, with participation from Zigg Capital and Bessemer Venture Partners. The Series B funding will support the team’s expansion, accelerate the develo

#GoodDeeds: Acts of Kindness from Pennsylvania and New York Filling a Need Wendy Kelly, a settlement coordinator for Trident Land Transfer in Blue Bell, Pa., helped with an effort by the Daughters of the American Revolution (DAR) to provide facemasks during the COVID-19 crisis. A member of the Tow

Mortgage delinquencies nearly double in April on COVID-19 shock Mortgage delinquencies almost doubled in April as out-of-work Americans struggled to pay their bills during the COVID-19 pandemic. The U.S. delinquency rate rose to 6.45% from 3.39% in March, the largest monthly increase ever record

OCC going it alone on Community Reinvestment Act reform, with Otting reportedly set to step down Joseph Otting has been the Comptroller of the Currency since November 2017, but if reports are to believed, Otting is set to leave the OCC as soon as this week. And in what could be his last official

Guaranteed Rate CMO Steve Moffat to share insights on lender/Realtor partnership at June’s engage.marketing Steve Moffat built his career on curating sales, visibility and profitability for well-known consumer brands. His past roles include an analyst for Merrill Lynch and later Nike, the seni

PGP Title’s first-quarter revenues improve The title division of homebuilder PulteGroup, Inc. generated a nearly 25 increase in revenues during the first quarter, according to the company’s latest earning statement. Read on for more details. Source: thetitlereport.com