Mortgage processing

200 articles tagged with this keyword

/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.

/retail

Sydney-based ColCap acquires UK digital mortgage lender Molo

Australia's ColCap has entered the UK mortgage market after acquiring an 80% majority stake in digital lender Molo.

/retail

Equifax adds utilities to US mortgage credit reports

Equifax is adding telco, pay TV and utility data to US mortgage credit reports in a move designed to support the home ownership opportunities of more Americans.

/retail

Co-operative bank leads race to acquire Sainsbury's mortgage book - Sky News

The Co-operative bank is reportedly the frontrunner in the bidding process for the £650 million mortgage loan book of supermarket chain Sainsbury's, heralding a turnaround in the fortunes of the once distressed lender.

/retail

RBC buys real estate tech platform OJO Canada

Royal Bank of Canada has acquired the Canadian operations of AI-based real estate technology company OJO. Financial terms of the deal were not disclosed.

/retail

LendInvest secures funding from Lloyds to enter retail mortgage market

The asset management platform for property finance, LendInvest, has announced further backing from Lloyds Bank, to enter the UK's £1.2 trillion homeowner mortgage market.

/retail

Twenty7tec buys Meet Parker

British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.

/retail

French PropTech Virgil raises €15 million

Virgil, a provider of residential real-estate financing for young professionals, has raised €15 million, with the aim of financing €50 million worth of transactions each month in France and Europe.

/sustainable

Barclays offers £2000 cash to customers who make energy-efficient home improvements

As the cost-of-living crisis ontinues to squeeze household finances, Barclays is to pay mortgage customers up to £2,000 to support energy-efficient home improvements.

/retail

Santander UK launches My Home Manager in mobile app

Santander UK has launched a new service in its mobile app designed to assist mortgage customers with all aspects of managing their home, from estimated value to energy performance and making repairs.

/startups

Berlin-based fintech startup Justhome raises €3.3 million

Justhome, a Berlin-based home financing startup, has raised €3.3 million in a funding round led by Target Global.

/startups

Mortgage lending startup Perenna to offer lifetime fixes

Digital mortgage lender Perenna has opened its waiting list after being been awarded a restricted banking licence by UK regulators.

/cloud

Mast raises £1.2m for mortgage origination platform

London-based cloud-native mortgage origination platform Mast Technologies has raised £1.2 million in a funding round led by Antler VC.

/retail

Starling to acquire Masthaven mortgage book

Starling Bank is on the verge of acquiring a £500 million mortgage book from specialist lender Masthaven.

/startups

NAB Ventures invests in Archistar

National Australia Bank has led an $11 million funding round in property intelligence platform Archistar.

/retail

Point raises $115m for home equity platform

Point, a US outfit that provides homeowners access to equity financing in exchange for a fractional share of the future value of their property, has secured $115 million in a Series C round led by WestCap.