Mortgage processing

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/Mortgage processing

Rabobank invests in digital mortgage broker Trussle

Rabo Frontier Ventures (RFV), the strategic investment fund of Rabobank, has contributed to a £7.5 million funding round in online UK mortgage broker Trussle

/Mortgage processing

Estate agency platform Reapit joins DLT-based home-buying consortium

Reapit, the UK's largest estate agency platform, has joined the IPN Consortium, a gaggle of industry players developing a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.

/startups

Mortgage switching startup Dashly names first direct founder Harris chairman

Fintech pioneer and first direct founder Mike Harris has come out of retirement to take on the role of chairman at mortgage switching tool Dashly.

/Mortgage processing

NatWest looks to DLT for mobile-based home buying

NatWest is joining forces with a consortium of software firms to develop a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.

/Mortgage processing

Nationwide opens API sandbox for mortgage broking industry

Nationwide Building Society has opened an API sandbox for third party developers to pilot applications to help speed up mortgage processing for brokers.

/Mortgage processing

Australian neo bank 86 400 rolls out digital mortgage offering

Just nine weeks after going live to the general public, Australian neo bank 86 400 has entered the mortgage business, offering entirely digital home loans through a network of brokers.

/startups

NAB joins A$70m funding round for digital mortgage startup Athena

NAB Ventures has joined a A$70 million Series C funding round for Australian digital home loan platform Athena Home Loans.

/startups

Santander InnoVentures invests in Roostify

Santander InnoVentures has led an expansion funding round for San Francisco-based digital mortgage lending platform Roostify. The size of the round has not been disclosed.

/Mortgage processing

Mortgage down-payment startup Proportunity raises £2 million

Anthemis and Axel Springer have invested £2 million in UK startup Proportunity, a tech-driven mortgage lender that helps first-time buyers get on the property ladder by removing their biggest barrier to homeownership – large down payments.

/startups

AmEx, Citi and Goldman invest in digital mortgage startup Better.com

Home-financing startup Better.com has raised $160 million in a Series C funding round joined by financial services giants including Citi, American Express and Goldman Sachs.

/Mortgage processing

Tandem Bank leverages Open Banking to offer competitive mortgages

Mobile bank Tandem is developing the UK’s first crowd-designed mortgage for those hoping to get on the property ladder, allowing priced-out consumers to share their personal mortgage must-haves with the digital challenger.

/retail

Lending tech firm Blend raises $130m

American digital lending technology player Blend has raised $130 million in a Series E funding round led by Temasek and General Atlantic.

/Mortgage processing

HSBC Bank USA partners Roostify for digital mortgage platform

HSBC's US arm has enlisted startup Roostify to help it build a digital home lending platform that promises to combine the latest technology with a "human-centric" approach.

/devops

Live: FusionONE 2019 - day one

Welcome to Finextra’s live coverage of FusionONE 2019. This two-day event is Finastra's first major developer conference, which will see hundreds of developers from fintech companies and banks taking part in a deep dive into FusionFabric.cloud tools and infrastructure.

/devops

Finastra opens up to bank and fintech developers with APIs, apps and integration

Ahead of its FusionONE open banking developer conference this week, Finastra has revealed its new FusionFabric.cloud platform for mortgage and loan workflows, deepening its partnership with Microsoft. The vendor has also contracted with nbkc bank to build a conversational banking app on the platform, and released some 61 new APIs to the developer community.

/wholesale

ICE makes mortgage play with Simplifile acquisition

Intercontinental Exchange (ICE) has struck a $335 million deal to buy Simplifile, the operator of a network connecting the agents and jurisdictions that underpin residential mortgage records.

/startups

Aussie challenger 86 400 scores home loan distribution deal

Australian challenger bank 86 400 has come a step closer to launching a home loan product after securing a national distribution deal with mortgage broker aggregator Vow Financial.

/Mortgage processing

RBS and Barclays trial blockchain tech to slash property transaction times

RBS and Barclays Bank have completed a blockchain trial with R3's distributed ledger software which reduced the time taken to complete a property transaction from three months to less than three weeks.

/Mortgage processing

Mortgage blockchain tech startup Acre raises £5m

Acre Software, a UK startup using blockchain technology to revamp the mortgage and insurance application process for advisers, has raised £5 million from Aviva and Sesame Bankhall Group (SBG).

/Mortgage processing

ABN Amro sells majority stake in mortgage admin business to Infosys

ABN Amro has sold a 75% stake in its mortgage administration business to Indian multinational Infosys.