2012 Insurance Valuation 
Housing Wire
JANUARY 24, 2025
A group of 2,769 West Virginian borrowers claimed in the lawsuit, which was originally filed on July 23, 2012, that Rocket Mortgage (known then as Quicken Loans ) and its insurance arm, Amrock (formerly Title Source ), were unfairly influencing home appraisal values. Rocket Mortgage has faced other legal activity over the last year.
Housing Wire
JULY 6, 2021
Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. It has raised a total of $655 million since its founding in 2012, according to Crunchbase. The company also announced expectations to have a total of 219.6
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Housing Wire
APRIL 16, 2021
billion valuation. It has raised a total of $655 million since its founding in 2012, according to Crunchbase. Doma , a title insurance firm , and digital lender SoFi are also both hoping to go public this year at valuations of $3 billion and about $9 billion, respectively. That January round gave Blend a $3.3
Housing Wire
JULY 27, 2021
Unlike lenders or servicers for Fannie Mae and Freddie Mac , Ginnie Mae issuers are responsible for passing along payments to investors after borrower equity, federal agency and mortgage insurance resources are exhausted. If those issuers fail, Ginnie Mae is ultimately responsible for making those investor payments.
Housing Wire
JULY 19, 2021
Shares closed trading at $20.90, giving Blend a valuation of around $4.6 Over the last two years, Blend has acquired its own mortgage insurance firm and title insurance firm (the latter in a $422 million deal). “So if you’re getting a mortgage, you need homeowners insurance and title insurance.
Housing Wire
AUGUST 12, 2020
This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 Stay tuned for updates.
Housing Wire
AUGUST 7, 2023
Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. It entered real estate in 2012 after buying DebtMarket, an exchange for distressed home debt. Many industries began to deploy electronic supply chains in the 1980’s.
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