Mortgage processing

630 articles tagged with this keyword

/retail

Experian and Nationwide join forces to speed up mortgage applications

Mortgage applications are set to become speedier after Nationwide joined forces with Experian to automate the checks needed to verify a customer’s income.

/startups

Savings and mortgage platform Tembo raises £14m

London-based digital savings and mortgage platform Tembo has raised £14 million in a Series B funding round led by Goodwater Capital.

/retail

Target Group partners with Provenir to supercharge Mortgage Hub platform

Target Group has partnered with Provenir, a global leader in decisioning software, to help power its state-of-the-art mortgage originations platform, Mortgage Hub.

/ai

Revolut preps AI assistant, ATMs and mortgages for 2025

Revolut has laid out its plans for 2025, including the introduction of an AI assistant, mortgages, ATMs, and a business credit product.

/retail

eKeeper launches Finova Broker entity

finova Broker, formerly known as eKeeper Group, today launches as a dedicated arm of the finova brand, bringing a fresh, focused approach to supporting the needs of the intermediary sector.

/retail

CLSQ introduces instant insured property valuations

CLSQ has launched VerifyQ – a unique service that enables faster lending decisions by providing instant insured property valuations.

/retail

Principality Building Society goes live with Iress Lender Connect software

Iress today announces Principality Building Society (Principality) is live with its Lender Connect software, which aims to help mortgages move faster by using API technology to connect directly with lenders.

/security

AXA Switzerland launches bancassurance solution

Additiv, a global leader in fintech and digital transformation, is pleased to announce that AXA Switzerland has successfully launched its addProtect bancassurance offering, powered by additiv’s technology platform. This innovative solution allows banks to directly protect their mortgage customers against key risks with a simple plug-and-play solution.

/startups

Afin Bank secures licence to serve African diaspora in the UK

Afin Bank, a digital lender created to help people from Africa living and working in the UK, is set to start offering mortgages and savings products after securing the regulatory green light.

/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

/retail

HSBC to accept overseas credit history for UK mortgage applications

HSBC is to make it easier for international customers with no local credit history to apply for a UK mortgage.

/retail

Metro Bank taps Pexa to improve re-mortgaging process

PEXA, the world leader behind the first digital property exchange process, today announced that Metro Bank plans to work with them to explore how to make the re-mortgaging journey for their customers faster and easier.

/retail

Majority of UK adults "unaware" of open banking

A recently released survey has highlighted a widespread lack of awareness among UK adults when it comes to open banking.

/retail

High street lenders cut mortgage processing time by 30%

The 2024 Mortgage Efficiency Survey, an annual report published by finova and MSO, revealed major improvements in mortgage processing times - high-street lenders have reduced their average application processing time by 30%, from 14 days in 2022 to just 10 days this year.

/retail

IndoStar Capital Finance announces sale of IndoStar Home Finance to EQT

IndoStar Capital Finance Limited (IndoStar) today announced that its Board has approved the sale of its subsidiary, IndoStar Home Finance Private Limited (IHFPL) to WITKOPEEND B.V., an affiliate of BPEA EQT Mid-Market Growth Partnership (“EQT”), a global private equity investor, for INR 1,750 crore on a fully diluted basis.

/retail

OPDA launches new research into home buying

A new research project launched this month is set to discover what buyers think should be done to improve homebuying in the UK.

/retail

Santander rolls out Edge Home to all brokers

Santander UK has rolled out its online service, Edge Home, to all brokers, following a successful pilot earlier in the year, to help make the mortgage journey easier to navigate for brokers and their customers.

/markets

Capital markets technology provider Polly raises $25 million

Polly, the leading provider of innovative mortgage capital markets technology and operator of the industry's first cloud-native, commercially scalable product and pricing engine (PPE), today announced $25M in new growth equity capital.

/retail

NatWest joins Open Property Data Association

NatWest has become the latest of the UK's big mortgage lenders to join the Open Property Data Association (OPDA), backing efforts to bring a standardised approach to sharing digital data in the home buying process.

/wholesale

LendInvest signs £1.5 billion funding agreement with JPMorgan

LendInvest plc (AIM: LINV) ("LendInvest" or the "Company"), the UK's leading platform for mortgages, announces that it has extended its existing Separate Account with JP Morgan by an additional £500 million to £1.5 billion.