IDIQ, a provider of identity theft and credit report monitoring, has acquired Resident-Link, a service for the rental community to allow consumers access to help build and establish their credit.
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Constellation Mortgage Solutions Inc. (CMS), a portfolio of financial technology solutions in the mortgage space, has acquired ReverseVision, Inc., a provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales origination software. The acquisition includes ReverseVision’s core platform, ReverseVision Exchange (RVX), RVDOC Composer (RVDOC) that provides customized and compliant reverse mortgage documents, and ReverseVision Sales Accelerator (RVSA) which includes advanced loan modeling and comparison tools.
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ProTitleUSA has completed an acquisition of document preparation and recording firm, DocSolution, Inc., by Charles A. Brown and Associates, PLLC. The new company will continue operating under DocSolutionUSA, LLC dba DocSolution Inc, subsidiary of ProTitleUSA with the same staff in place, located in Pasadena, Texas. DocSolution, Inc. provides a wide variety of mortgage related services focusing on preparing and recording assignments, releases, subordination agreements, modifications and tracking for both SFR and reverse mortgage space. DocSolution, Inc. specializes in HUD Claim-22 assignment workflow for reverse mortgages, collateral review on mortgage portfolios and provides curative services.
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BeSmartee, a fintech firm and provider of modern digital mortgage platforms for financial institutions, has acquired FlashSpread, a financial analysis as a service company, specializing in instant tax spreading for commercial lenders and fintech companies. FlashSpread’s commercial lending technology is a natural complement to BeSmartee’s digital mortgage platforms, and will accelerate BeSmartee’s growth strategy under which the brand has prioritized increased automation.
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nCino, Inc. (NASDAQ: NCNO), a provider of cloud banking and digital transformation solutions for the global financial services industry, today announced that it has completed its acquisition of SimpleNexus, a cloud-based, mobile-first homeownership software company, for total consideration of approximately 12.76 million shares of nCino common stock plus cash consideration of approximately $270 million, on a cash-free, debt-free basis and excluding transaction expenses.
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Firstsource Solutions Limited (NSE: FSL, BSE:532809), a global provider of business process management (BPM) services and a RP-Sanjiv Goenka Group company, has entered into an agreement to acquire American Recovery Services, Inc. (ARSI), a nationwide legal collections network headquartered in Southern California. The acquisition enhances Firstsource’s leadership in consumer debt management services by adding legal stage collections capabilities.
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IT firm Wipro Limited has signed an agreement to acquire Austin, Texas headquartered transformational cybersecurity consulting provider Edgile. Wipro will acquire the company in a cash deal for a purchase consideration of $230 million.
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Evolve Mortgage Services, a provider of outsourced mortgage solutions and eMortgage technology solutions, has acquired Brooks Systems LLC to expand its technical automation regulatory compliance offerings.
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LoanLogics, a digital mortgage solutions provider creating an investor network ecosystem for digital loan commerce, has acquired LoanBeam, a provider of income calculation and verification technology endorsed by government-sponsored entities (GSEs) Fannie Mae and Freddie Mac. Terms of the private transaction were not disclosed.
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Accurate Group, a provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, has acquired eMerge Property Solutions, a supplier of broker price opinions (BPOs) and other alternative valuation solutions. The acquisition of eMerge enhances and deepens the company’s nationwide broker network and will allow Accurate Group to further leverage its industry-leading property inspection technology to drive value for all clients.
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