WebMar 15, 2024 · website maker. Digital lending software company Blend has entered into an agreement with Mr. Cooper Group Inc. to acquire Title365, a provider of title insurance and settlement services, for $422 million. Blend says its technology platform combined with Title365’s operational expertise in title, escrow and settlement will help financial ... WebMar 15, 2024 · SAN FRANCISCO, March 15, 2024 /PRNewswire/ -- Blend, a leader in digital lending software, today announced it has entered into a definitive agreement with Mr. Cooper Group, Inc. (NASDAQ: COOP) to acquire Title365, a top provider of title insurance and settlement services. Together, Blend's technology platform and Title365's operational …
Blend to Acquire Title365 from Mr. Cooper Group - TMCnet
WebMar 15, 2024 · (RTTNews) - Mr. Cooper Group Inc. (COOP) has agreed to sell its title business, which operates under the brand name Title365, to Blend Labs, Inc. for $500 million, consisting of $450 million in ... WebDigital 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 … tod\u0027s azioni
Mr. Cooper Group Completes Sale of Title365 for $500 million
WebMar 15, 2024 · Mr. Cooper Group Inc. agreed to sell its title business Title365 to Blend Labs Inc. for $500 million, consisting of $450 million in cash and a retained interest of 9.9%, subject to certain adjustments. Under the agreement, Title365 will retain all cash generated between March 13 and the deal's close for the benefit of the acquirer. WebMar 15, 2024 · Blend to Acquire Title365 from Mr. Cooper Group. March 15, 2024, 1:11 PM UTC. Share this article. Copied. Gift this article. Subscriber Benefit. WebMar 15, 2024 · by admin Mar 15, 2024 Press Releases. Today Mr. Cooper Group Inc. (“Mr. Cooper Group”) announced the signing of a definitive agreement to sell its title business, … tod\u0027s bbq