Doma lays off 15% of work force as Q1 revenue declines
Despite a 40% year-over-year increase in market share during the first quarter of 2022, Doma Holdings was unable to produce a net profit.
Source: housingwire.com
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Digital Title Insurer Doma Laying Off 310 As Refis Plummet
Executives say the layoffs will save the company about $30 million a year and help it bring its technology to bear on purchase mortgages.
Source: inman.com
Title insurance industry premiums spike $7B year-over-year
As title insurance premiums jumped by 36% in a year, a market share analysis evaluates industry leaders facing uncertain times. As title insurance premiums jumped by 36% in a year, a market share analysis evaluates industry leaders facing uncertain times.
Source: housingwire.com
HW+ Member Spotlight: Max Simkoff
This week’s HW+ member spotlight features Max Simkoff, CEO at Doma, which was recently named a HousingWire 2022 Tech100 winner. Here are his thoughts on the biggest themes to watch in the housing space.
Source: housingwire.com
Title Insurance Is a Scam That's Built Into Every Single Mortgage
Title insurance is almost never needed. But banks require every homeowner to purchase it — a protection racket that costs Americans $20 billion a year.
Source: businessinsider.com