Mortgage processing

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ABN Amro IT takes share of blame for mortgage malpractice

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ABN Amro IT takes share of blame for mortgage malpractice

ABN Amro has fired a number of mortgage advisors for forging client signatures in revised documentation, but the Dutch bank has also taken its share of the blame after an investigation uncovered clunky IT systems and poor management as major contributing factors.

UK banks failing customers in digital mortgage market

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UK banks failing customers in digital mortgage market

Three of the UK’s biggest mortgage providers have hit rock bottom when it comes to providing an easy-to-navigate online access point, according to research from financial experience design agency Dock9.

/Mortgage processing

MortgageGym raises £2m seed funding ahead of launch

MortgageGym, the world’s only regulated mortgage robo-adviser, has announced the successful completion of a seed funding round of £2m ahead of its official launch this summer.

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Essel Home Loans goes digital with Nucleus Software

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced that Essel Home Loans Ltd., the new housing finance subsidiary of Essel Finance, has signed a deal for FinnOne Neo Cloud.

UBank unveils RoboChat for home loan applications

/Mortgage processing

UBank unveils RoboChat for home loan applications

Digital only Australian bank UBank is rolling out a virtual assistant to help potential home buyers and refinancers complete their online home loan applications.

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Roostify appoints Frank Gelbart chief revenue officer

Roostify, a provider of automated mortgage transaction technology, today announced it has named Frank Gelbart as Chief Revenue Officer. Frank will be responsible for driving new and existing revenue streams as well as managing partner relationships for Roostify.

/Mortgage processing

HCL to buy mortgage BPO firm Urban Fulfillment Services

HCL Technologies (HCL), a leading global IT services company, today announced an agreement to acquire Urban Fulfillment Services, LLC, (“UFS”), a provider of mortgage business process & fulfilment services.

/Mortgage processing

Blockchain startup Factom raises $8m

Factom, Inc., a blockchain as-a-service (BaaS) technology company has closed their Series A funding at $8,029,796 USD following the launch of its mortgage product, Factom Harmony.

/Mortgage processing

Revolut joins forces with online mortgage broker Trussle

Banking challenger Revolut has today joined forces with the UK’s first online mortgage broker Trussle to give users direct access to its mortgage broking service, which searches thousands of products from over 90 lenders to find the most suitable deal for a borrower.

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Camden National Bank launches 15-minute mortgage application, MortgageTouch

Camden National Bank announces MortgageTouch, a new, fast and secure digital mortgage application that makes home borrowing easier and more efficient than ever before, a first for a Maine-based bank.

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Docutech launches eSignature platform for digital mortgages

Docutech, the industry-leading provider of compliance and document technology solutions, announces that Stearns Lending and New Penn Financial have gone live with Solex, the all-new eSignature solution designed for clients leading the new Digital Mortgage age.

/Mortgage processing

Mortgage automation startup cloudvirga raises $15 million

cloudvirga, developer of the automated, cloud-based intelligent Mortgage Platform® (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company.

/Mortgage processing

İşbank brings end to end 'digital e-mortgage experience'

Having developed many products and services that served as milestones for the Turkish banking sector throughout its long history, İşbank continues its innovations in line with digital vision defined as being a lifetime partner to customers, designing an end to end digital banking experience and creating additional value for each and every single customer’s lives.

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Canada's Alterna Bank introduces digital mortgage applications and approvals

Alterna Bank is once again at the forefront of the digital banking revolution, today launching Canada's first and only end-to-end digital mortgage.

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EverBank renews Black Knight LoanSphere MSP contract

Black Knight Financial Services, Inc. (BKFS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that EverBank has renewed for another five years its long-term contract for LoanSphere MSP, Black Knight's premier mortgage and home equity loan servicing system.

/Mortgage processing

Zikher launches online lending platform

Zikher formally launches SaaS platform that uses consumer-facing technology to streamline the loan application pipeline.

Chase preps digital mortgage platform

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Chase preps digital mortgage platform

Chase is gearing up to launch a digital self-service mortgage platform that lets customers track their loan applications to closing entirely online or from their mobile phones.

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BB&T breaks ground on 140,00 square foot mortgage servicing centre

BB&T Corporation (BBT) today held groundbreaking ceremonies for a 140,000-square-foot mortgage servicing center at 825 E. Butler Road in Mauldin, S.C.

/Mortgage processing

Credit Peers launches property finance P2P

Credit Peers is today launching its innovative new business – an online lending platform which allows individuals to lend from £500 upwards for property transactions that were previously only available to institutions and banks.

Is proptech the new fintech? Trussle follows Habito with £4.5 million round

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Is proptech the new fintech? Trussle follows Habito with £4.5 million round

The UK's mortgage broking industry is being revolutionised by a new breed of online price comparison and fulfilment startups, with Trussle the latest to receive backing from a clutch of prominent fintech investors.

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