March 15, 2021
Blend, a leader in digital lending software, has announced it has entered into a definitive agreement with Mr. Cooper Group, Inc. (NASDAQ: COOP) to acquire Title365, a top provider of title insurance and settlement services. Together, Blend's technology platform and Title365's operational expertise in title, escrow, and settlement will help financial institutions more efficiently and effectively engage with consumers across a fully integrated homebuying journey.
Latham & Watkins LLP advised Blend in the transaction with a corporate deal team led by Bay Area partners Tad Freese and Mark Bekheit, with associates Kaitlyn Fulcher, Tessa Bernhardt, Casey Tong, and Melinda Vanderburg. Advice was also provided on tax matters by Bay Area partner Katharine Moir, with associate Derek Berry; on benefits and compensation matters by Bay Area partner Ashley Wagner, with associate Erik Ward; on intellectual property matters by Bay Area partner Anthony Klein, with associates Gil Halpern, Caroline Omotayo, Rachel Horn, and Nicole Nour; on data privacy matters by Bay Area counsel Robert Blamires, with associate Kiara Vaughn; on debt finance matters by Bay Area partners Haim Zaltzman and Dan Van Fleet, with associates Nathan Whitaker and Tony Noh; on insurance matters by Los Angeles partner Drew Levin, with associates Hannah Cary and Celia Lown; on antitrust matters by Washington, D.C. partner Amanda Reeves and Washington, D.C. counsel Patrick English; and on compliance matters by Washington, D.C. partner Erin Brown Jones, with associate Arianna Medina.