202 articles tagged with this keyword
News/Mortgage processing
Australian banking group ANZ is introducing an online mortgage application and processing service under an automation drive that will see some of the 900 back-office jobs at its home loans unit offshored to its facility in Bangalore, India.
16 May 2007
TietoEnator has won an extended five-year deal with the UK's Co-operative Bank to outsource software and hardware support for its mortgage administration system.
26 April 2007
UK bank Halifax has admitted that paper documents containing confidential information on some 13,000 of its mortgage customers have been stolen from an employee's car.
27 March 2007
UK retail banking software firm Intelligent Environments (iE) says it expects its 2006 revenues to come in ahead of expectations, leading to its maiden full year profit as a public company - ten years after its flotation in 1996.
16 January 2007
UK high street bank Abbey has launched a Website where first-time buyers can correspond and share their experiences of buying a house, and flag potential pitfalls.
18 December 2006
UK banking group HBOS is working to fix a processing glitch that resulted in monthly mortgage payments being mistakenly taken from thousands of current accounts on consecutive days this week.
19 October 2006
JPMorgan's consumer and commercial banking unit Chase is implementing technology from Fidelity National Information Services to upgrade and replace its multiple legacy mortgage servicing platforms.
06 October 2006
UK banking group HSBC has launched an online advice centre for first-time buyers which provides access to free, independent advice on the home-buying process.
29 September 2006
Financial services firms exploring the use of Web 2.0 technologies are looking to 'social media' channels - such as myspace and youtube - to connect with new customer markets, and in particular the youth market.
14 September 2006
Akbank, Turkey's largest privately owned bank, has implemented Fair Isaac's decisioning technology to support a new service that allows customers to apply for mortgages and loans using their mobile phones.
18 May 2006
The Bank of Ireland's personal lending division Bristol & West (B&W) has unveiled a new direct online mortgage portal for the financially literate, Giraffe.
04 May 2006
British BPO outfit Vertex Financial Services has won a five year contract, worth around £45 million, to provide outsourced mortgage processing services to db mortgages, Deutsche Bank's new mortgage unit in the UK.
15 March 2006
The UK's Yorkshire Building Society (YBS) has introduced a virtual assistant to its Web site to answer online queries from mortgage customers.
24 January 2006
An online mortgage service has been launched in the UK which aims to reduce the cost of borrowing by pitching lenders against each other to compete for business.
23 January 2006
ABN Amro Mortgage Group, a US subsidiary of the Dutch banking giant, says a computer tape containing the confidential data for two million customers was lost while being transported to a credit bureau.
16 December 2005
Texas-based BancTec has acquired SDS Applications Limited, a UK provider of mortgage processing systems and derivatives trading software, for an undisclosed sum.
22 November 2005
Chase, the consumer and commercial banking unit of JPMorgan, is rolling out Fiserv's mortgage servicing platfom, MortgageServ, to replace its outdated and disparate legacy systems.
18 November 2005
UK bank Lloyds TSB is shifting more jobs to India after deciding to close an administration and customer service centre operated by its mortgage provider Cheltenham & Gloucester (C&G).
16 November 2005
The UK's Barclays Bank is disbanding a mortgage processing joint venture it established with Countrywide Financial of the US and bringing the operations back in-house.
UK standalone bank cahoot is to test the market for remote mortgage sales in a six-month trial conducted in conjunction with high street parent Abbey.
07 October 2005
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