Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

One-in-nine UK mortgage holders taking payment holidays

Over 1.2 million UK mortgage holders have taken advantage of payment holidays offered by lenders, laying bare the economic devastation caused by Covid-19.

14 April 2020

Company update/identity

LenderClose and two CUs close mortgage loans with remote online notarization

Des Moines fintech LenderClose today announced it has made history by executing the first-ever remote online notarizations (RONs) to close a mortgage loan in Iowa.

02 April 2020

News/payments

Koodoo collaborates with lenders on mortgage holiday guide

Mortgage technology startup Koodoo has collaborated with major lenders to launch a purpose-built Website and technology toolkit offering consumer guidance on payment holidays during the Covid-19 outbreak.

31 March 2020

Company update/retail

28.000 mortgage breaks processed in Ireland

BPFI (Banking and Payment Federation Ireland) CEO Brian Hayes, speaking on RTÉ’s Saturday View programme today, confirmed that 28,000 mortgage payment breaks had been processed or are in the middle of being processed, just over one week after the initiative had been announced.

30 March 2020

Company update/retail

Phoebus Software launches Mortgage Self-Service Portal to help reduce calls in lender call centres

Phoebus Software Limited (PSL), the leading banking and lending software provider, has launched a new digital self-service portal that allows lender’s customers to self-serve on their accounts.

30 March 2020

Company update/retail

Habito offers £600 sweetener to Moneybox sign ups

Habito, the award-winning mortgage company, has joined Moneybox+, the reward scheme offered by saving and investing app Moneybox, giving customers who successfully take out a mortgage a reward of up to £600 into their Moneybox account.

24 March 2020

Company update/retail

Digital mortgage broker Trussle appoints Ian Larkin as CEO

The UK’s first digital mortgage broker, Trussle, announced today the appointment of Ian Larkin as Chief Executive Officer.

03 March 2020

News/Mortgage processing

Nationwide in talks to take over Sainsbury's Bank mortgage book

Nationwide Building Society has confirmed it is in talks with Sainsbury's Bank to buy the supermarket chain's £1.9 billion mortgage book.

02 March 2020

Company update/Mortgage processing

Digital mortgage servicing startup Brace raises $10 million

Brace, a digital mortgage-servicing platform, today announced that it has raised an additional $10M in Series A funding led by Point72 Ventures.

24 February 2020

News/Mortgage processing

Patrizia buys real estate fintech BrickVest

London-based online real estate investment platform BrickVest has been bought by German outfit Patrizia. Financial terms were not disclosed.

04 February 2020

Company update/retail

BEP Systems Wins contract to develop buy to let platform for State Bank of India UK

BEP Systems, the mortgage origination software house, has been appointed by the State Bank of India UK (SBI UK) to provide a systems solution for its buy to let lending platform.

03 February 2020

Company update/retail

Dutch real-estate lender Oimio signs technology deal with OakNorth

OIMIO, a new commercial real estate lender focused on small and medium sized real estate investors (target loan sizes EUR 1m-10m) launched today in the Netherlands.

31 January 2020

News/Mortgage processing

Rabobank invests in digital mortgage broker Trussle

Rabo Frontier Ventures (RFV), the strategic investment fund of Rabobank, has contributed to a £7.5 million funding round in online UK mortgage broker Trussle

20 January 2020

News/Mortgage processing

Estate agency platform Reapit joins DLT-based home-buying consortium

Reapit, the UK's largest estate agency platform, has joined the IPN Consortium, a gaggle of industry players developing a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.

20 January 2020

News/startups

Mortgage switching startup Dashly names first direct founder Harris chairman

Fintech pioneer and first direct founder Mike Harris has come out of retirement to take on the role of chairman at mortgage switching tool Dashly.

09 December 2019

Company update/retail

Countrywide and Openwork pilot Mortgage Brain Affordability Hub

Mortgage Brain has today announced the pilot launch of Affordability Hub with Countrywide and Openwork Advisers.

09 December 2019

Company update/Mortgage processing

TSB to adopt Iress' Lender Connect technology

Financial technology business Iress today announce TSB as the first top tier bank to adopt its Lender Connect technology.

05 December 2019

Company update/Mortgage processing

Mojo Mortgages and CreditLadder team up to help renters become first time buyers

For first time buyers, getting a mortgage can be tough, however, a new partnership between online broker Mojo Mortgages and rent reporting service, CreditLadder has been announced to make things a whole lot easier.

05 December 2019

Company update/Mortgage processing

First live transaction on Mortgage Brain’s Lendex with Coventry Building Society

Mortgage Brain has confirmed the completion of the first live transaction on Lendex, its new multi-Lender application and submission gateway.

04 December 2019

News/Mortgage processing

NatWest looks to DLT for mobile-based home buying

NatWest is joining forces with a consortium of software firms to develop a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.

29 November 2019