(marketscreener.com) July 6, 2021--Mr. Cooper Group Inc. announced today that it has completed the sale of Title365 to Blend Labs, Inc. on June 30, 2021, for $500 million, consisting of $450 million in cash and a retained interest of 9.9 percent. Consistent with previously disclosed expectations, Mr. Cooper received cash proceeds of approximately $450 million and...https://www.marketscreener.com/quote/stock/MR-COOPER-GROUP-INC-46600303/news/Mr-Cooper-nbsp-Completes-Sale-of-Title365-for-500-million-Form-8-K-35799321/?utm_medium=RSS&utm_content=20210706
Title365 is a California-based brokerage firm that provides title insurance and settlement services to residential real estate brokers and financial institutions in US.