Mortgage processing

599 articles tagged with this keyword

/identity

Bonifii picks Mastercard as open banking provider

Mastercard was announced today as the preferred open banking provider for Bonifii’s participating credit unions to access consumer-permissioned bank data to inform underwriting for different loan types across mortgage, auto, personal and small business.

/sustainable

CommBank offers lower rates on 'green homes'

Commonwealth Bank has announced the Green Home Offer, providing eligible home loan customers with access to a low standard variable rate if their home meets certain sustainability and energy efficient criteria.

/retail

MorganAsh uveils client vulnerability rating tool for mortgage brokers

MorganAsh, a leading support services provider to the financial sector, has launched a ground-breaking, consumer vulnerability assessment tool.

/retail

Shawbrook offers lending discount for consumers sharing open banking data

UK specialist lender Shawbrook Bank is using Open Banking technology from ClearScore to assess the creditworthiness of potential customers and offering a discount on loans for those who share their data.

/identity

Finova launches Broker ID

The UK’s largest cloud-based mortgage and savings technology provider, finova, today announces the launch of Broker ID – a data management platform designed to save lenders’ time and money with broker onboarding and due diligence processes.

/retail

Twenty7Tec in merger discussions with Bluecoat

Twenty7Tec, the market-leading mortgage technology provider has confirmed that it is in merger discussions with Bluecoat.

/retail

Scroll Finance launches greenfield UK mortgage offering on Mambu

Scroll Finance, a next generation fintech providing smart financing solutions to homeowners, has launched its home equity loan and home equity line of credit (HELOC) products, powered by Mambu’s cloud banking platform.

/startups

Jia Finance raises $5m to help Asian investors get US residential mortgages

Jia Finance, an online residential mortgage platform for foreign investors, is now scaling its offering in the U.S. for international buyers and announcing its $5 million seed round of funding.

/startups

Smartr365 reaches £50m pre-money valuation in latest funding round led by Legal & General

Smartr365, the UK’s leading end-to-end mortgage platform, has today announced further funding from investors, alongside a pre-money valuation of £50m.

/retail

EarnUp closes $31 million Series C

EarnUp, a San Francisco-based Fintech company offering payment and data solutions for the mortgage industry, closed an oversubscribed $31 million Series C financing round. Included in this round are new strategic investors, LendingTree (NASDAQ:TREE) and KeyBank (NYSE:KEY), in addition to leading institutional investors, Bain Capital Ventures, SignalFire, Blumberg Capital, and Flourish Ventures.

/retail

Together selects Thought Machine to modernise technology stack

Together, one of the UK’s leading specialist mortgage and secured loan providers, today announces it has selected Thought Machine, the core banking technology company, to modernise its core systems.

/people

After mass Zoom firing, Better.com lays off another 3000 employees

Better.com, the digital mortgage outfit that caused uproar last year after its CEO fired 900 employees in a single Zoom call, is laying of another 3000 staffers.

/retail

Accord extends API technology to BTL cases

Accord Mortgages has today (Monday 7 March) added buy-to-let functionality to its API technology, making it even easier for brokers to submit mortgage applications for landlords.

/cloud

Finova migrates to Microsoft Azure

The UK’s largest mortgage and savings technology provider, finova, has fully migrated its servicing proposition to the cloud using Microsoft Azure enabling faster deployments.

/cloud

Westpac appoints first BaaS chief

Westpac has appointed Damien MacRae as its first BaaS chief executive, overseeing the Australian lender's efforts to deepen its relationship with non-bank partners looking to embed banking services.

/sustainable

NatWest introduces EPC rating into digital mortgage hub

NatWest will be leading the way in the UK to show mortgage customers their current Energy Performance Certificate (EPC) rating online, alongside their other key information.

/retail

Mortgage lender to the over-50s, LiveMore Capital, picks up £275m credit facility from NatWest

LiveMore Capital, the specialist mortgage lender for over-50s, has agreed a £275m senior funding line with NatWest Markets.

/retail

Tinkoff introduces digital mortgage loans

Tinkoff Group, a leading digital provider of financial and lifestyle services, is introducing a new line of business – digital mortgage loans.

/retail

CBA teams up with Harvard University researchers to help customers better manage their home loans

Commonwealth Bank today announced the launch of a smart new feature in the CommBank app that makes it simple and easy for customers to align their home loan repayments with the date and frequency of their regular incoming salary payments.

/retail

Selina Finance snags £150 million for home equity lending

Selina Finance, a London-based alternative lender which provides credit to business and consumer borrowers by unlocking the value tied up in their property, has raised $35m in equity from Lightrock and $115m in debt from Goldman Sachs and GGC.