Mortgage processing

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/Mortgage processing

NatWest introduces paperless mortgages

NatWest is the first UK bank to offer a paperless mortgage.

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Piraeus Bank hails automated 'e-branches'

Greek bank Piraeus is hailing the performance of three new fully-automated bank branches, claiming that their popularity has freed up staffers at traditional branches to focus on more complex, higher value work.

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Mortgage advisory tool Eligible emerges from stealth mode

Today new fintech start-up Eligible comes out of stealth with an offering that helps traditional mortgage advisors and lenders compete with the new influx of digital brokers.

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R3 unlocks regulatory reporting on Corda with Financial Conduct Authority and two global banks

Enterprise software firm R3, the Financial Conduct Authority (FCA), RBS and another major global bank have built a prototype application for regulatory reporting of mortgage transactions on R3’s Corda distributed ledger technology (DLT) platform.

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UK challenger bank launches as proptech market hots up

Redwood Bank, a new challenger bank providing mortgages to small businesses and professional landlords, has opened its doors four months after it was granted a banking license.

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Mortgage tech outfit Blend raises $100m

Blend, the Silicon Valley technology company propelling consumer lending into the digital age, today announced it has raised $100 million in Series D funding.

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Tesco Bank extends Capita mortgage services deal

Capita has agreed a contract extension until 2020 to provide mortgage services to Tesco Bank.

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HSBC taps Capita for mortgage broker platform

HSBC has selected software from Capita to underpin a new broker distribution channel for mortgages.

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360 Mortgage Group launches online mortgage platform

Privately-owned mortgage banking firm, 360 Mortgage Group LLC (360), announced today its continued expansion into the direct-to-consumer online mortgage space with the launch of the NOLO platform.

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Fiserv buys assets of PCLender

Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, announced today it has acquired the assets of PCLender, LLC, a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions.

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Trussle calls for mortgage switch guarantee

Online mortgage broker Trussle is proposing that a new set of industry standards be introduced to the mortgage market, to offer consumers much-needed support with switching.

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FRFCU implements Roostify home loan platform

Roostify, a provider of automated mortgage transaction technology, today announced that Financial Resources Federal Credit Union (FRFCU) has implemented Roostify’s mortgage technology platform in order to create a better online experience for its members applying for or refinancing a home loan.

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MortgageGym secures investment from GoCompare

MortgageGym.com, the world’s first digital mortgage robo-adviser, announces an investment from GoCompare, the financial services comparison website.

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Equiniti acquires Nostrum Group

Equiniti Group plc, the FTSE listed FinTech and regulatory services business, today announces the acquisition of the Nostrum Group Limited (Nostrum).

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Niu Solutions partners with Virgin Money to bolster intermediary technology

Niu Solutions, a leading provider of managed IT services, partnered with Virgin Money to further enhance the lender’s intermediary mortgage portal.

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MortgageGym appoints former operating chief of Deutsche Bank as adviser

MortgageGym.com, the world’s first regulated mortgage robo-adviser, is pleased to announce that Henry Ritchotte, former Chief Operating Officer and member of the management board of Deutsche Bank AG, has joined with immediate effect as investor and adviser to the company.

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ING customers can apply for a mortgage on their mobile

It’s never easy to find a home that meets all your wishes and demands. First you’ll have to find one that’s within your budget.

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Digital change raising the bar for lenders, says CML research

Digital change is radically altering consumer expectations in the mortgage market and “raising the bar for what borrowers expect from their home buying and owning experience,” according to research published today by the CML.

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Santander launches in-branch mortgage video service

Santander is to beam specialist mortgage advisors over the ether to talk to customers via video screens located at 66 branches across the UK.

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Royal London applies machine learning tech to mortgage underwriting

Royal London, the UK’s largest mutual life insurer has teamed up with fee free mortgage and protection adviser L&C to develop and test a new life insurance application service called Streamlined Mortgage Protection which uses advanced machine learning algorithms to simplify the underwriting journey.