Mortgage processing

195 articles tagged with this keyword

/retail

Twenty7tec secures £16.5 million investment from BGF

Mortgage technology outfit Twenty7tec has bagged £16.5 million from the Business growth Fund (BGF) to drive growth and expansion within the UK.

/retail

HSBC joins Open Property Data Association

HSBC is the latest UK high street bank to join the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.

/retail

Nationwide joins Open Property Data Association

Nationwide Building Society has followed in the footsteps of Lloyds Banking Group by joining the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.

/retail

Chase is the first bank in all lower 48 US states, what next?

Andrea Principe, managing director – Northeast division director – consumer banking, Chase, took to the stage at Future Branches in Boston to explore how while the banking industry faces challenges in sustaining core deposits, deepening customer trust, and building relationships, it is important to learn from failures, reengage with customers, and provide exceptional in-person experiences.

/retail

Chetwood Financial acquires buy to let lender CHL Mortgages

UK digital bank Chetwood Financial has acquired buy to let mortgage lender CHL Mortgages to complement its soon-to-launch ModaMortgage's proposition.

/retail

GB Bank secures £85 million capital raise

GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85m of additional capital from new investor Hera Holdings and existing shareholder the Teesside Pension Fund.

/people

NatWest seeks out tech talent from under-represented communities

NatWest is working with Sparta Global to find and train technology talent from under-represented communities.

/retail

Lloyds joins association to standardise digital property data

Lloyds Banking Group has joined the Open Property Data Association (OPDA), backing efforts to bring a standardised approach to sharing digital data in the home buying process.

/sustainable

Perenna to offer green discount for customers who decarbonise their homes

Long-term mortgage lender Perenna is to offer cheaper loans to customers who commit to an energy efficient upgrade to their homes.

/retail

Habito chalks up first monthly profit

Seven years from launch, digital mortgage broker Habito has recorded its first ever monthly profit.

/startups

Perenna opens waitlist on $52 million fund raise

UK mortgage lending startup Perenna has raised $52 million within weeks of securing an unrestricted banking licence.

/sustainable

Atom Bank to measure climate impact on mortgage book

Atom Bank is to assess the climate risks of its mortgage book using profiling technology from Kamma.

/startups

Australian fintech Joust lays off staff as it looks for buyer

Australian online home loan marketplace is looking for a potential buyer, laying off staff and restructuring its sales process.

/startups

UK startup Perenna secures banking licence from the FCA and PRA

Mortgage lender Perenna has become the first UK startup to receive an unrestricted banking licence in 2023.

/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.

/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

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

Blockchain mortgage platform Acre raises £6.5 million

Acre Software, a UK startup using blockchain technology to revamp the mortgage and insurance application process for advisers, has raised £6.5 million from Starling Bank backer Harold McPike alongside returning investors Aviva and Founders Factory.