608 articles tagged with this keyword
News/Mortgage processing
Fidelity National Information Services (FIS) says its board of directors has approved the spin off of its lender processing services (LPS) division into a separate publicly traded company.
25 October 2007
US bank Wells Fargo says it has fixed a "computer problem" that began on Sunday afternoon and disabled ATMs and prevented customers from accessing online accounts.
21 August 2007
UK bank LLoyds TSB is axing hundreds of jobs by closing 31 branches operated by its mortgage lender Cheltenham & Gloucester (C&G) and shifting 210 IT roles to offshore centres.
08 August 2007
Homeloan Management Ltd (HML), a UK provider of outsourced mortgage administration services to banks and lenders, is creating 425 new jobs in Glasgow to meet increasing demand for its services.
07 August 2007
UK high street bank Lloyds TSB is to launch a new mobile phone text service designed to keep customers informed of the progress of mortgage applications.
13 June 2007
Bank of Scotland (BoS) - part of the UK's Hbos banking group - is notifying more than 60,000 mortgage customers that a computer disc containing their personal information has been lost in the postal system.
04 June 2007
Australian banking group ANZ is introducing an online mortgage application and processing service under an automation drive that will see some of the 900 back-office jobs at its home loans unit offshored to its facility in Bangalore, India.
16 May 2007
TietoEnator has won an extended five-year deal with the UK's Co-operative Bank to outsource software and hardware support for its mortgage administration system.
26 April 2007
UK bank Halifax has admitted that paper documents containing confidential information on some 13,000 of its mortgage customers have been stolen from an employee's car.
27 March 2007
UK retail banking software firm Intelligent Environments (iE) says it expects its 2006 revenues to come in ahead of expectations, leading to its maiden full year profit as a public company - ten years after its flotation in 1996.
16 January 2007
UK high street bank Abbey has launched a Website where first-time buyers can correspond and share their experiences of buying a house, and flag potential pitfalls.
18 December 2006
UK banking group HBOS is working to fix a processing glitch that resulted in monthly mortgage payments being mistakenly taken from thousands of current accounts on consecutive days this week.
19 October 2006
JPMorgan's consumer and commercial banking unit Chase is implementing technology from Fidelity National Information Services to upgrade and replace its multiple legacy mortgage servicing platforms.
06 October 2006
UK banking group HSBC has launched an online advice centre for first-time buyers which provides access to free, independent advice on the home-buying process.
29 September 2006
Financial services firms exploring the use of Web 2.0 technologies are looking to 'social media' channels - such as myspace and youtube - to connect with new customer markets, and in particular the youth market.
14 September 2006
Akbank, Turkey's largest privately owned bank, has implemented Fair Isaac's decisioning technology to support a new service that allows customers to apply for mortgages and loans using their mobile phones.
18 May 2006
The Bank of Ireland's personal lending division Bristol & West (B&W) has unveiled a new direct online mortgage portal for the financially literate, Giraffe.
04 May 2006
British BPO outfit Vertex Financial Services has won a five year contract, worth around £45 million, to provide outsourced mortgage processing services to db mortgages, Deutsche Bank's new mortgage unit in the UK.
15 March 2006
The UK's Yorkshire Building Society (YBS) has introduced a virtual assistant to its Web site to answer online queries from mortgage customers.
24 January 2006
An online mortgage service has been launched in the UK which aims to reduce the cost of borrowing by pitching lenders against each other to compete for business.
23 January 2006
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