Acquisition

Covius Services, LLC, a provider of technology-enabled solutions to the financial services industry, has signed a definitive agreement to acquire Title365 Holding Co., a national provider of title insurance and settlement services with deep integrations across industry platforms, from Blend Labs, Inc. (NYSE: BLND), a digital origination platform for banks, credit unions and mortgage lenders.

Next Level Education (NLE), a provider of continuing education and training for the mortgage industry, has acquired Summit Mortgage Training of Hanover, NJ. Andrea Gagliardi, founder of Summit, has joined the Next Level team as Director of Content Management.

Lower, a digital mortgage lender, announced the acquisition of proptech and flagship real estate portal, Movoto.  This acquisition combines Movoto’s significant reach with Lower’s lending platform and retail network, creating an end-to-end homeownership platform while offering a growth engine for real estate agents and loan officers.

LoanPASS, a provider of loan pricing and decisioning software, has acquired PMI Rate Pro, a Kansas-based fintech specializing in API-driven private mortgage insurance (PMI) pricing technology. The acquisition brings together two innovators in mortgage tech to deliver a comprehensive and connected platform for product configuration, pricing, eligibility, and mortgage insurance quoting.

A&D Mortgage has closed its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc. (“Mr. Cooper”).

The acquisition of Sales Mastery by Momentum Builder creates a unique force in the housing industry.

Ncontracts, a provider of integrated compliance, risk, and vendor management solutions to the financial services industry, has acquired Venminder, a unified platform for managing third-party risk.

Planet Home Lending, LLC, a national mortgage lender and servicer, has acquired certain assets of retail lender Axia Home Loans, Bellevue, Washington, an employee-owned company with branches in 17 states.

HomeAdvantage—a subsidiary of Jason Mitchell Group Holding Partners—has acquired Real Estate Connection (REC)—a REALTOR® management company and brokerage. REC will now offer the HomeAdvantage product and nationwide MLS for lender accounts.

Atlantic Closing & Escrow (“ACE”), a national, attorney-driven settlement services firm, has acquired Maryland-based title agency Village Settlements. The company will be rebranded as “Village Settlements, An Atlantic Closing & Escrow Company.”