Title insurer First American and many subsidiaries remain offline
The Dec. 20 cybersecurity incident has derailed closings and generated complaints about the lack of communication since the company took some systems offline
by Matt Carter Dec 26
LoanCare says data breach affected 1.3M mortgage customers
Parent company Fidelity National Financial has not said whether its other subsidiaries were also affected in a cybersecurity incident the company says it discovered and contained in November
by Matt Carter Dec 26
First American Financial warns clients to watch out for fake emails
Two days after being hit by a cyberattack, the title insurance giant says it's still trying to restore operations, warns clients that it's taken its email system offline and to be wary of messages
by Matt Carter Dec 22
DOJ, MLS and more: It's Inman's Top 5 stories
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Christy Murdock Dec 22
Title insurer First American Financial is hackers' latest target
The nation's 2nd biggest title insurer issues terse statement saying it's taken some systems offline. Ransomware group Blackcat has infiltrated more than 1,000 computer networks
by Matt Carter Dec 21
Homepoint selling wholesale business to The Loan Store
Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by end of Q2
by Matt Carter Apr 7
Offerpad buys more time with $90M raise as end of runway approaches
Private placement with existing investors including CEO Brian Bair extends the company's cash burn runway by six months to a year, dilutes existing shareholders KBW analysts say
by Matt Carter Feb 1
First American's PRISM platform evolving beyond title insurance
After paymints.io deal, First American is evaluating additional third-party integrations to simplify transactions from point of sale to handing over the keys
by Matt Carter Nov 18
Ribbon suspends cash offer service, working on new tools for spring
The New York-based power buyer had been purchasing homes on behalf of RibbonCash clients who were unable to close a deal with their own financing
by Matt Carter Nov 11
Right now is the time to invest in technology, venture capitalists say
Proptech investors discussed venture capital after a period of heavy interest from Wall Street in a Connect panel, 'Are companies still prioritizing tech and innovation or is it back to basics?'
by Craig C. Rowe Aug 8
Endpoint rolls out enterprisewide closing solution for proptechs
The new suite of APIs automatically opens orders, tracks transaction status, exchanges documents and provides custom reporting features and notifications
by Matt Carter Aug 2
Proptech investor Paul Hurst sees a ton of opportunity in market shift
The problems that proptechs are trying to solve — inefficiencies in real estate transactions — remain, said Parker89 Managing Director Paul Hurst, while speaking at Connect Now Thursday
by Matt Carter Jun 23
Power Buyer Knock revamps board of directors
Representative of NAR's venture capital arm, Second Century Ventures, will serve as an observer on Knock's board
by Matt Carter Jun 7
Polly raises $37M to modernize secondary mortgage markets
Menlo Ventures, a backer of HomeLight and Qualia, led the funding round and will take a seat on San Francisco-based startup's board
by Matt Carter Jan 26
2021 shaping up to be a banner year for title insurance industry
The smallest of the big four title insurers, Stewart and Old Republic, posted the strongest third-quarter growth
by Matt Carter Dec 13