With fraud ever-prominent, Closinglock secures $34M Series B
While many brokerages, banks and title companies offer very secure solutions, many still do not. The loss of funds due to fraud remains a major industry issue, to the tune of close to $3B in 2023
by Craig C. Rowe Jan 30
Earnnest begins rollout of escrow-as-a-service
Currently available only in Massachusetts, where Earnnest has a brokerage license, the service is designed to alleviate costs, management demands and legal risks of holding deposits in escrow
by Craig C. Rowe Feb 12
AsterKey makes proof-of-funds easier, more secure: Tech Review
AsterKey is a fintech app that can produce a secure, verified proof of funds letter while greatly minimizing the risk of exposure or fraud
by Craig C. Rowe Dec 22
Latest Ocrolus offering is designed specifically for mortgage lenders
The leader in artificial intelligence-driven financial document automation has combined 3 of its solutions into a mortgage dashboard for classifying, capturing and analyzing borrower documents
by Matt Carter Sep 27
Tomo enters 5 new states, launches real-time preapproval process
After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C.
by Matt Carter Dec 1
Paymints.io integrates into First American's PRISM platform
Eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and cash-to-close funds within the platform
by Matt Carter Sep 20
Ocrolus valued at $500M after raising $80M Series C round
The document automation platform is staffing up its machine learning and data science teams in the wake of the new funding round, which was led by Fin VC
by Matt Carter Sep 27
Trim cuts subscriptions, saves users on average nearly $200 a year
TRIM's usage reaches 10,000 during its first two months
by Erik Pisor Jan 29