599 articles tagged with this keyword
News/Mortgage processing
HP and Yorkshire Building Society have signed Leeds Building Society as the first client for their cloud-based Shared Services Alliance.
07 October 2013
The Financial Services Authority (FSA) has fined Bank of Scotland (BOS) £4.2 million for computer system failures which meant it held inaccurate mortgage records for 250,000 of its customers. As a result of the failings, the bank mistakenly made £20.4 million in goodwill payments to some customers who did not deserve the cash bonanza.
19 October 2012
Half of Britain's financial services firms think that mobile banking is already important to their customers, while 71% predict it will be by 2015, according to a survey from Fujitsu.
10 October 2012
The UK Post Office is taking on high street banks with the introduction of in-branch specialist mortgage advisers.
09 August 2012
In its latest foray into banking, supermarket giant Tesco has begun offering mortgages, letting customers earn loyalty points on repayments.
06 August 2012
Bank of America, JPMorgan Chase, Wells Fargo, Citi and Ally Financial have agreed to pay a total of $25 million to New York State over their use of the privately-owned national mortgage electronic registry system (Mers).
14 March 2012
The New York Attorney general has charged three of the nation's biggest banks - Bank of America, JPMorgan Chase and Wells Fargo - with using the privately-owned national mortgage electronic registry system (Mers) to illegaly bring foreclosure proceedings against home owners who had defaulted on their loans.
06 February 2012
Finextra TV/Mortgage processing
Theresa McLaughlin, EVP and CMO of Citizens Bank, sees the branch remaining a part of the overall bank offering for some time to come.
04 October 2011
Linda Verba, head of retail banking at TD Bank (and considered to be a guru of bank customer service in the US) discusses a 'return to civility' for bank call centres and customer service.
UK retailer Tesco says it is in the final stages of introducing its own systems and infrastructure for its fully-fledged banking operation, with savings and loans products now available to new customers
14 June 2011
Oti Ikomi, senior VP at Ecobank, a South African-based, pan-African banking group, talks with Finextra about the rise of the middle class in Africa and its affects on the continent's banking industry at Fundtech Insights 2011 in London.
17 March 2011
Complaints have flooded in to the Financial Ombudsman Service about Clydesdale Bank over the last six months after a botched systems tweak that saw the firm miscalculate mortgage repayments for thousands of customers.
28 February 2011
Standard Life has made a recommended £42 million bid for UK AIM-listed financial technology supplier Focus Solutions.
07 December 2010
IBM has signed a deal to buy the core operating assets of Bank of America's mortgage servicing unit Wilshire Credit Corporation. Financial terms of the deal were not disclosed.
06 October 2009
US fintech vendor Fiserv has inked a deal to sell its Loan Fulfillment Solutions (LFS) business to mortgage technology firm ISGN. Financial terms of the deal were not disclosed.
29 September 2009
Google is about to enter the online mortgage loan aggregator market, according to LendingTree, which is suing a technology vendor it claims is working with the search giant.
27 August 2009
State-owned Bradford & Bingley (B&B) has outsourced its credit risk management to London-based consultancy Euristix as it winds down its mortgage business.
08 April 2009
US-based online lending platform E-loan is to quit the mortgage origination business after posting an $87.4 million net loss in the third quarter.
27 October 2008
UK supermarket giant Tesco is looking to capitalise on the credit crunch by offering its customers home loans as well as current accounts.
01 October 2008
The UK's Financial Services Authority (FSA) has fined mortgage provider GE Money Home Lending £1.12 million for systems and controls failings which resulted in hundreds of customers losing money.
25 September 2008
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.