Ownwell, a fintech platform designed to assist homeowners with property tax appeals, completed a Series B round, the latest 2026 funding announcement for companies focused on finding homeownership savings. Processing Content The $50 million raise for the Austin, Texas-based company included $30 million of equity in the round, which was led by Alpha Edison and […]
Property tax relief fintech attracts $50M capital raise Read More »
At a time when government officials and politicians are grappling with finding ways to increase bank participation in mortgage lending, a Pennsylvania depository is teaming with a nonbank to deliver the function to its customers. Processing Content Firstrust Bank, based in Conshohocken outside Philadelphia, has entered a strategic partnership with MortgageCountry in nearby Blue Bell,
Bank turns to nonbank to run mortgage production Read More »
While the past decade has seen the share of depository institutions in mortgage shrink, a select number of banks and credit unions are growing their home lending departments, and technology’s improvement is one reason why they smell opportunity. Processing Content Coinciding with recent plans among banks and credit unions to grow in mortgage are predictions
EXCLUSIVE RESEARCH: How AI is supporting bank mortgage growth plans Read More »
The mortgage industry loves speed. Faster verifications, faster underwriting, faster closings. Over the past decade, lenders have invested heavily in technology designed to compress cycle times, reduce manual touchpoints, and improve margins in an increasingly rate-sensitive market. Processing Content But there is a structural problem technology alone cannot solve: a mortgage decision is only as
Mortgage tech can’t fix bad credit data Read More »
Mortgage servicing technology provider Sagent has hired another former Mr. Cooper executive to a leading role, naming Sridhar Sharma as president. Processing Content Sridhar Sharma, formerly chief innovation and digital officer at Mr. Cooper, is the new president of Sagent. Sharma joins Chris Marshall, the former Mr. Cooper president who became Sagent’s executive chairman in
Mr. Cooper exec jumps to Sagent for AI rollout Read More »
A startup focused on modernizing property records intelligence announced a seed funding round, making it at least the second such company to receive early venture capital investment this year. Processing Content Based in Tel Aviv with operations also in Florida, Dono raised $6.5 million in the round led by Link Ventures. Participants also included Lool
Property records tech draws fresh VC interest Read More »
Profits for Intercontinental Exchange’s mortgage technology operations remained in the black for the third straight quarter, as the company touted its software adoption even as customers adjusted for recent slowdowns in volume. Processing Content Revenues for the mortgage unit increased to approximately $532 million in the fourth quarter, increasing from $528 million in the previous
ICE reports strongest mortgage revenue in over 3 years Read More »
Bed Bath & Beyond is moving into mortgage and home equity finance through a deal that leans heavily on Figure Technologies’ lending and tokenization infrastructure. Processing Content The company announced Monday that it has acquired Tokens.com, a blockchain-based platform that will serve as the foundation for a new investment and personal finance business.
Figure helps Bed Bath & Beyond enter mortgage finance Read More »
Rithm Capital is boosting its investment in servicing technology provider Valon, taking a minority equity ownership stake and expanding on their existing business partnership. Processing Content With the move, Rithm expects to reduce costs for its home finance subsidiary, Newrez, and further scale development of Valon’s artificial intelligence-backed operating system “to modernize the $13 trillion
Rithm takes minority stake in servicing platform Valon Read More »
Rocket Mortgage is being accused of selling mortgage applicants’ sensitive financial data to third parties, via surreptitious trackers on its website. Processing Content Gary Fedoroff, who applied online for a refinance last November, filed a class action lawsuit in a California federal court last week accusing the megalender of unlawfully disclosing applicants’ information. The complaint
Rocket Mortgage sued over third party web trackers Read More »