SAN FRANCISCO–(BUSINESS WIRE)–Doma, a leading force for disruptive change in the real estate industry, today announced that its title and escrow solutions, powered by its Doma Intelligence platform, are streamlining the home closing process for customers of F5 Mortgage, the company refreshing the mortgage process by leveraging technology to ensure ultra-competitive mortgage rates without unwanted, high-pressure sales tactics. Today’s announcement comes on the heels of Doma entering into a business combination agreement in March 2021 with Capitol Investment Corp. V (NYSE: CAP, CAP WS and CAP.U) (“Capitol”), a publicly traded special purpose acquisition company.

F5 Mortgage leverages Doma’s proprietary machine intelligence technology to remove key points of friction and frustration involved in traditional mortgage closings, for both loan officers and mortgage customers. Since F5 Mortgage began utilizing Doma’s technology they have seen 86 percent of title commitments delivered in under one minute, significantly streamlining the real estate closing process for their customers.

“Our mission at F5 is to provide our customers with the best mortgage experience from start to finish, and leveraging industry-leading technology is a critical part of that,” said Ryan McCallister, President and Founder of F5 Mortgage. “We’re excited to be working with Doma to ensure that home buyers benefit from a faster and simpler closing experience.”

“Both Doma and F5 Mortgage are working to create a world where the process of buying a home is transparent and frictionless,” said Max Simkoff, CEO of Doma. “It’s exciting to work with a company that appreciates the role technology plays in creating an instant, digital closing experience for customers, and we look forward to working together for a long time to come.”

Doma is a technology company focused on creating a vastly more simple, efficient, and affordable closing experience for current and prospective homeowners, lenders, title agents, and real estate professionals. Founded in 2016, Doma uses proprietary machine intelligence technology, that is being trained on 30 years of historical data, to remove the friction and frustration from the residential real estate closing process.

About Doma

Doma Holdings, Inc. (formerly States Title Holding, Inc.) is architecting the future of real estate transactions. The company uses machine intelligence and its patented technology solutions to transform residential real estate, making closings instant and affordable. Doma and its family of brands – States Title, North American Title Company (NATC) and North American Title Insurance Company (NATIC) – offer solutions for current and prospective homeowners, lenders, title agents, and real estate professionals that make closings vastly more simple and efficient, reducing cost and increasing customer satisfaction. Doma’s clients include some of the largest bank and non-bank lenders in the United States. In March 2021, Doma announced plans to become publicly traded via a merger with Capitol Investment Corp. V (NYSE:CAP, CAP WS and CAP.U). To learn more visit doma.com.

About F5 Mortgage

F5 Mortgage is a mortgage brokerage specializing in amazingly low interest rates and world-class service through our industry-leading technology. F5 is refreshing the mortgage process by leveraging technology to ensure ultra-competitive mortgage rates without the hassle of unwanted hard sales tactics.

About Capitol Investment Corp. V

Capitol Investment Corp. V is a $345 million public investment vehicle with the mission to invest in and help build an industry-leading public company that will aim to deliver long-term value to shareholders. Capitol is led by Chairman and Chief Executive Officer, Mark D. Ein, and President and Chief Financial Officer, L. Dyson Dryden. The Capitol team has raised $1.5 billion in five SPACs since 2007 and closed four SPAC mergers. Capitol’s securities are listed on the New York Stock Exchange under the ticker symbols CAP, CAP WS and CAP.U.

Forward-Looking Statements Legend

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, projections of market opportunity, total addressable market (TAM), market share and competition and potential benefits of the transactions described herein, and expectations related to the terms and timing of the transactions described herein. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Doma’s and Capitol’s management and are not predictions of actual performance.