Digital lending platform Blend has agreed to acquire Mr. Cooper-owned Title365 for $422 million. Blend will leverage Title365 for its title, escrow, and settlement services. Integrating this technology into Blend's platform will allow the company to automate title commitment upon loan application submission, digitally reconcile settlement fees in real time, and streamline communication among parties. Read more... The post Blend to Acquire Title365 from Mr. Cooper appeared first on Finovate.
Title365 is a California-based brokerage firm that provides title insurance and settlement services to residential real estate brokers and financial institutions in US.