Doma Holdings Inc. has expanded its Doma Intelligence closing platform into the states of Washington, Utah, Maine, Tennessee and Mississippi, as well as the Commonwealth of Kentucky, bringing its total coverage of the U.S. residential real estate market to approximately 83% based on gross written premium.
Doma’s customers include bank and non-bank mortgage lenders. Chase, Wells Fargo, Homepoint and PennyMac are among those currently using Doma’s proprietary, machine learning-driven instant underwriting and fee balancing features to automate the most time-consuming portions of the title and escrow workflow.
“As we continue to outpace the industry and expand into new markets, our focus on combining machine learning-driven technology with bespoke operations will make simple, instant and digital closings the new normal,” says Max Simkoff, CEO of Doma. “These additional markets take us closer to our goal of providing nationwide coverage with the Doma Intelligence platform.”
