Latest Mortgage processing News: Finextra Research

Australian neo bank 86 400 rolls out digital mortgage offering

Just nine weeks after going live to the general public, Australian neo bank 86 400 has entered the mortgage business, offering entirely digital home loans through a network of brokers.

12 November 2019

Company update/Mortgage processing

Habito partners with specialist mortgage broker Impact

Habito, the online mortgage broker and lender, today announces a partnership with Impact Specialist Finance.

08 November 2019

Company update/Mortgage processing

Sandstone rolls out home loan top-up application for Australian lenders

Sandstone Technology, a market leading financial services technology company providing digital acquisition, loan origination, settlement management, internet banking, mobile banking and online financial management, today announced their newest market offering, Loan+.

29 October 2019

News/startups

NAB joins A$70m funding round for digital mortgage startup Athena

NAB Ventures has joined a A$70 million Series C funding round for Australian digital home loan platform Athena Home Loans.

24 October 2019

News/startups

Santander InnoVentures invests in Roostify

Santander InnoVentures has led an expansion funding round for San Francisco-based digital mortgage lending platform Roostify. The size of the round has not been disclosed.

23 October 2019

News/Mortgage processing

Mortgage down-payment startup Proportunity raises £2 million

Anthemis and Axel Springer have invested £2 million in UK startup Proportunity, a tech-driven mortgage lender that helps first-time buyers get on the property ladder by removing their biggest barrier to homeownership – large down payments.

17 October 2019

Company update/startups

Habito to fund cash advances for first-time buyer mortgages

Habito is launching ‘Habito Go’, a brand new home-financing service designed to give first-time-buyers the advantages and negotiating power usually only enjoyed by cash buyers.

14 October 2019

Company update/Mortgage processing

Skipton speeds up mortgage processing with Experian Open Banking tech

Skipton, the UK’s fourth largest building society, will save mortgage applicants from the hassle of gathering their paper bank statements by adopting Experian’s Open Banking technology.

09 October 2019

Company update/Mortgage processing

Sberbank puts mortgage applications on mobile app

Sberbank Online mobile app has a new Apply for Mortgage feature that enables clients to submit an application for a mortgage at Sberbank and choose a good apartment using the DomClick service.

02 October 2019

Company update/startups

LoanMonkey launches digital mortgage platform

LoanMonkey, the first purpose-driven digital mortgage company, today announced that potential and current homeowners will now be able to purchase and refinance their homes through LoanMonkey’s online platform.

01 October 2019

Company update/ai

Finastra unveils Fusion MortgageBot Data Insights

Finastra has launched Fusion Mortgagebot Data Insights – a powerful new tool that benchmarks mortgage borrower behavior and demographics for banks and credit unions against that of more than 1,400 other Fusion MortgagebotPOS users.

01 October 2019

Company update/retail

Mortgage Brain names Neil Wyatt sales and marketing director

Leading mortgage technology expert, Mortgage Brain, has appointed Neil Wyatt as Sales and Marketing Director.

11 September 2019

Company update/retail

Equifinance inks five-year deal with Phoebus Software

Specialist, second charge mortgage lender Equifinance has entered into a five-year contract with Phoebus Software Limited (PSL) for the provision of a replacement mortgage servicing platform at its Headquarters in Leytonstone, UK.

03 September 2019

Company update/Mortgage processing

Affinity Mortgages to boost efficiency with Mortgage Brain

Mortgage adviser, Affinity Mortgages have chosen Mortgage Brain as its partner to help drive efficiency across the business.

27 August 2019

News/startups

AmEx, Citi and Goldman invest in digital mortgage startup Better.com

Home-financing startup Better.com has raised $160 million in a Series C funding round joined by financial services giants including Citi, American Express and Goldman Sachs.

19 August 2019

Company update/Mortgage processing

Oracle taps into Open Banking for digital mortgage origination

Now available in the UK, Oracle Banking Enterprise Originations solution will help banks and building societies transform residential, buy-to-let and SME mortgage origination. Using design principles of open architecture, progressive data decisioning and complete process automation the solution will enable lenders to process mortgage applications far more efficiently by utilising best-in-class digital technologies.

19 August 2019

News/Mortgage processing

Tandem Bank leverages Open Banking to offer competitive mortgages

Mobile bank Tandem is developing the UK’s first crowd-designed mortgage for those hoping to get on the property ladder, allowing priced-out consumers to share their personal mortgage must-haves with the digital challenger.

13 August 2019

Company update/Mortgage processing

Habito unveils ‘4 Months’ Notice’ commitment on lapse of fixed rate mortgage deals

Habito, the UK’s first online mortgage broker and lending platform, has unveiled plans to tackle the issue of British homeowners paying over the odds from lapsing on to their lender’s standard variable rate (SVR) by launching its 4 Months’ Notice pledge - a commitment to ensuring all its customers have adequate time to switch their mortgage prior to their fixed rate deal ending.

08 August 2019

Company update/Mortgage processing

Augmentum Fintech invests £5 million in Habito

The Board of Augmentum Fintech plc (LSE: AUGM) (the “Company” or “Augmentum”), the UK’s only publicly listed investment company focusing on the fintech sector, is pleased to announce the Company has made an investment of £5 million in Habito .

05 August 2019

Company update/Mortgage processing

Habito unveils its first range of mortgages

Habito, the UK’s online mortgage broker today announces the launch of its groundbreaking mortgage origination platform with a suite of Habito-branded mortgages for individual landlords.

09 July 2019