Mortgage processing

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/Mortgage processing

PNC Bank to implement BKFS LoanSphere

Black Knight Financial Services, Inc. (BKFS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that PNC Bank N.A., a member of The PNC Financial Services Group, Inc. and one of the largest diversified financial services institutions in the U.S., will implement Black Knight solutions.

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Central Pacific Bank chooses PathSoftware loan origination software

PathSoftware, a new highly-structured, cloud-based mortgage loan origination software (LOS) from CalyxSoftware, announced today that Central Pacific Bank, a leading residential mortgage lender in Hawaii and the primary subsidiary of Central Pacific Financial Corp., has selected Path as their LOS.

/Mortgage processing

Lloyds rolls out home video banking

Lloyds Bank and Halifax customers can now speak with a mortgage advisor from the comfort of their own home with the introduction of a new video link to consumer laptops, desktops or tablet computers.

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Florence Bank selects Baker Hill Advisor for relationship lending

Baker Hill, a leading provider of SaaS solutions for common loan origination, relationship management and smart data analytics, announced today Florence Bank is implementing the Baker Hill Advisor for Relationship Lending solution to expedite the completion and processing of commercial loans.

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myCUmortgage signs contract with Black Knight Financial Services

Black Knight Financial Services, Inc. (BKFS) announced today that myCUmortgage, a credit union servicing organization (CUSO) wholly owned by Wright-Patt Credit Union, has signed a seven-year contract to implement LoanSphere MSP, Black Knight's industry-leading mortgage and home equity loan servicing platform.

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Trussle launches online mortgage adviser

Trussle, the online mortgage adviser, today announced its mission to help millions of UK homeowners save money, with its free service that automatically determines when borrowers are paying over the odds for their mortgage and helps them switch products.

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Georgia Bank and Trust selects nCino for loan portfolio

nCino, the leader in cloud banking, announced today that Augusta, Ga.-based Georgia Bank & Trust has selected its Bank Operating System to advance the bank’s commercial loan workflow and provide transparency across the institution.

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Reynolds moves into mortgage processing with IDS acquisition

Reynolds and Reynolds, a leading provider of automotive dealership software, documents and compliance services, and digital marketing, today announced the company has acquired IDS, a leading provider of mortgage documents and compliance services.

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USAA leads Series A funding round in morgage processing startup Roostify

Roostify, a provider of automated mortgage transaction technology, today announced it has closed a Series A round of financing led by a subsidiary of USAA, a financial services provider to the U.S. military and their families. The round also included investments from two Tier 1 banks and Colchis Capital.

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FS firms told to prepare for avalanche of IoT data

Financial services firms should begin planning for the avalanche of new data that will hit them through the rise of the Internet of Things (IoT), which, if used correctly, could bring huge benefits to the industry, according to a Deloitte University Press report.

/Mortgage processing

BBVA Compass rolls out Accenture mortgage software suite

BBVA Compass has deployed an end-to-end mortgage software suite from Accenture (ACN) to streamline the bank’s real estate lending operations and enable its clients with digital tools to apply for and track loans.

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P2P platform Landbay joins Council of Mortage Lenders

Landbay, a UK-based alternative finance platform for buy-to-let mortgages, has become the first peer-to-peer lender to be invited to join the Council of Mortgage Lenders (CML) as a full member.

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Fico ships calculator for responsible lending and debt collection

FICO today announced the availability of the FICO Affordability Calculator, a tool that debt advisors and borrowers can use to set affordable arrangements for repayment of debt.

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OFG Oriental Bank launches mortgage loan application app

OFG Bancorp (OFG) today announced that its Oriental Bank subsidiary has taken another step in maintaining its innovative edge in consumer banking with the launch of the My Status mobile app.

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Metro Bank launches new mortgage switching portal

Today, Metro Bank is delighted to announce the launch of a brand new portal designed specifically for intermediaries to help customers switch mortgage deals online.

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Wolters Kluwer opens HMDA resource portal

Wolters Kluwer Financial Services has launched a new online resource center designed to help lenders better prepare for the release of the Home Mortgage Disclosure Act final rule that is anticipated late-summer 2015.

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Atom Bank contracts with Iress for digital mortgage platform

UK startup Atom Bank is to be the first client for a re-engineered mortgage origination platform designed to meet the needs of digital challenger banks by Iress

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Fox Chase Bank selects Jack Henry SilverLake core system

Jack Henry & Associates, Inc. (JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking division announced today that Fox Chase Bank selected the SilverLake System to provide enterprise-wide automation.

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Halifax offers mortgage by mobile

With house prices in the UK continuing to climb and competition for properties increasing, Halifax has launched a mobile agreement in principle (AIP) tool so that prospective homebuyers can receive an instant lending decision in less than fifteen minutes.

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VLoan offers mortgages on your smartphone

vLoan, a Cleveland based mortgage company backed by 40 years of experience from Union Home Mortgage Corp, is launching today.