Mortgage processing

592 articles tagged with this keyword

/markets

Better.com goes public

After a tumultuous two years that saw its CEO hit the headlines for laying off staff via Zoom, digital mortgage outfit Better.com is set to go public via a Spac merger.

/startups

Fintech Fronted shuts up shop

Fronted, a UK home lending startup founded by former Apple, Monzo and Bud executives, is shutting down in the face of rising capital costs.

/Mortgage processing

New homebuying and investment platform Allbricks launches

As the buy-to-let market continues to experience an exodus of landlords due to rising mortgage rates and increased red tape, Allbricks, a new homebuying and investment platform, is offering an alternative and mortgage-free route for property investors which boasts 32% higher returns than traditional buy-to-lets.

/retail

Capco and Celonis launch mortgage pipeline management service

Capco, the global technology and management consultancy, and Celonis, the pioneer and global leader in process mining, today announced a new mortgage pipeline management solution offering lenders a data-driven approach to manage their mortgage loan pipeline, resulting in continuous process improvement, risk mitigation and cost reduction.

/retail

Mortgage servicing startup Stavvy acquires rival platform Brace

Stavvy, the fintech company reshaping digital and remote collaboration for lending and real estate, announced its strategic acquisition of Brace, a servicing technology company addressing the long-standing inefficiencies and lack of transparency stemming from outdated technologies in mortgage servicing.

/retail

CBS releases online application for home loan refinancing

Commonwealth Bank has today announced an optimised digital functionality to make it easier and quicker for customers to refinance their home loan online.

/retail

Metro Bank transforms mortgage platform as it prepares to enter two new markets

Metro Bank has undertaken a major transformation of its mortgage origination platform to streamline the process for both mortgage intermediaries and customers as well as provide the infrastructure to launch a series of products in the Shared Ownership and Limited Company BTL sectors of the market.

/retail

Nationwide Building Society goes live on Iress’ Lender Connect

Iress today announced that Nationwide is live on Iress’ Lender Connect and is the first lender to use the direct Decision-in-Principle (DIP) process.

/regulation

Knowledge Bank turns on Consumer Duty flag for brokers

Knowledge Bank, a UK database of lending criteria, today turned on a specialist ‘flag’ to alert brokers when they have searched for an element of criteria that may indicate a client is vulnerable.

/retail

Scottish Building Society selects Iress’s MSO

Iress today announced that it has partnered with Scottish Building Society to help drive the Society’s next phase of growth.

/people

Digital mortgage broker Habito appoints Ying Tan CEO; scores funding

Mortgage multi-entrepreneur, Ying Tan, will take the position of CEO (subject to FCA approval) and become a significant shareholder in the business.

/retail

MPowered Mortgages begins testing ChatGPT

MPowered Mortgages, the fintech mortgage lender using AI to speed up and simplify the mortgage journey for homebuyers and remortgagers, today announces that it has integrated ChatGPT technology into its internal chatbot tool on its mortgage origination platform.

/retail

Equifax provides employment certainty to mortage lenders

Equifax (NYSE: EFX) is continuing its commitment to delivering the industry’s most comprehensive suite of mortgage verification solutions with the launch of Employment Select+, a new offering that supports lenders and consumers during the critical stages of the loan closing process.

/retail

Temenos targets digital mortgages

Temenos (SIX: TEMN) today launched a fully-Integrated front-to-back, mortgages solution with a smart decision engine powered by Explainable AI, helping lenders to deliver a personalized digital mortgage experience while reducing their costs and time to close.

/wealth

Twenty7tec releases new digital marketing platform for mortgage, wealth and protection advisers

Twenty7tec, the leading advice tech business, has today launched COMMUNICATE, a new digital marketing platform for mortgage, wealth and protection advisers.

/retail

Wayhome raises £8 million for part buy, part rent home ownership scheme

UK-based gradual home ownership startup Wayhome has raised £8 million in Series A equity funding led by existing investors Allianz X, Augmentum Fintech and new funders Volution, Love Ventures and Cur8 Capital.

/retail

London mortgage broker Tembo raises £5 million

Tembo, a London based digital-mortgage platform which helps customers struggling with affordability criteria, has raised £5 million from Lone Ventures and Starling Bank backer Harold McPike.

/retail

Australia’s diñeiro app selects Envestnet | Yodlee to supply financial data

Melbourne-based personal financial management and data sharing app diñeiro has selected Envestnet®|Yodlee® to supply live financial data and analytics so mortgage brokers can understand a borrower’s full financial position seamlessly via the consumer app.

/sustainable

Leeds Building Society selects 4-Xtra to plug gap of missing EPC data

4-Xtra Technologies, a Leeds University deep tech spin-out, is pleased to announce that its SaaS, AI-based Extreme Event Forecasting and Synthetic Data Generation Engine has been selected by Leeds Building Society to estimate missing EPC (Energy Performance Certificate) data to more accurately evaluate the emissions of its mortgage portfolio.

/retail

Thought Machine integrates with MQube to streamline mortgage lending

MQube, the parent company of mortgage lender MPowered Mortgages, has today announced that it has partnered with Thought Machine, the cloud-native banking technology company providing core banking and payment solutions.