Mortgage processing

197 articles tagged with this keyword

/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.

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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.

/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.

/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.

/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.