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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Apollo has 16 lending platforms in the U.S. Ruimy: The transaction was completed with Apollo Global Management.

Lending 364
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UWM and Google announce AI partnership

Housing Wire

UWM will integrate Google Cloud AI and machine learning tools into its lending platform, enhancing underwriting automation, streamlining document processing, and improving client support with AI-driven chat experiences. ” The tech giant is also working with capital markets , insurance companies.

Tools 482
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Here are the 2025 Tech100 Mortgage Honorees

Housing Wire

More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending. These companies are at the forefront of solving the biggest challenges mortgage professionals face every day.

Mortgage 417
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Evernest acquires Poplar Homes and $15M in tech-focused funding

Housing Wire

Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. We’re excited about combining the two companies local property management operations and robust technology products. Poplar co-founder Chuck Hattemer will also join Evernest to guide integration and growth initiatives.

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Concerns are growing over the rising cost of homeowners insurance

Housing Wire

The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk , a technology services company serving the residential real estate lending industry. average, according to estimates from the Insurance Information Institute.

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Tomo Mortgage closes $20M Series B funding round

Housing Wire

The funding round was led by prior investors Ribbit Capital , DST Global and NFX along with new investor Progressive Insurance. The companys tech-driven approach to lending is proving attractive to investors. Powered by OpenAI technology, the portal tailors listings by a users property specifications.

Mortgage 360
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Blend breaks into title insurance with latest acquisition

Housing Wire

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource.

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