Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
7.00%0.01
People MoversReal EstateTitle

Mike Smith named CFO of Doma

Smith continues his tenure at Doma after serving as CAO and acting CFO

Title insurance provider Doma has appointed Mike Smith as its chief financial officer, according to a Thursday announcement. Before he was named CFO on Tuesday, Smith had served as Doma’s chief accounting officer and acting CFO.

“The promotion of Mike to chief financial officer is a testament to his financial leadership and extensive experience at the company, and beyond,” said Doma CEO Max Simkoff, according to the announcement.

Smith has 30 years of experience working with teams and companies to navigate IPOs, acquisitions and other public company transitions. Before joining Doma as chief accounting officer, he held the same role at Banc of California, Inc., where he also served as director of treasury. He has also previously held CAO roles at loanDepot and CapitalSource Inc.

“I am honored to serve as Doma’s chief financial officer and (to) continue working with our talented leadership team, board of directors and everyone at Doma,” Smith said in a statement.


Here’s why some lenders choose IPEN over RON

In-person electronic notarization (IPEN) is quickly gaining industry-wide traction with lenders, title agencies and settlement companies due to its convenience, cost savings and improved borrower experience. Learn how about the advantages of IPEN and how it can streamline your processes here!

Presented by: EscrowTab

During the first quarter of 2022, Doma laid off 15% of its workforce and recorded a net loss of $50.026 million. For the quarter, the insurer had a total market share of 1.7%, making it the country’s ninth largest underwriter, according to the American Land Title Association. Company leaders expect it to be profitable by 2023.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular Articles

Latest Articles

Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please