States Title Raises $150 Million to Modernize Home Closing Experience
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Machine intelligence helps remove friction and frustration from title and escrow processes; new debt financing accelerates expansion of local resale and centralized refinance business
The platform benefits lenders, real estate professionals, title agents, and homeowners, and has become even more crucial as the impacts of COVID-19 and record-low interest rates have created a huge tailwind behind home purchase and refinance. SAN FRANCISCO (PRWEB) February 17, 2021
States Title, a leading force for disruptive change in the real estate industry, today announced $150 million in debt financing from HSCM Bermuda, who has previously invested in the company. The financing follows a $123 million Series C filed last May and will be used to accelerate traction on an aggressive roadmap and market expansion to fundamentally transform the home c