Mortgage processing

598 articles tagged with this keyword

/startups

Perenna opens waitlist on $52 million fund raise

UK mortgage lending startup Perenna has raised $52 million within weeks of securing an unrestricted banking licence.

/sustainable

Atom Bank to measure climate impact on mortgage book

Atom Bank is to assess the climate risks of its mortgage book using profiling technology from Kamma.

/retail

IDVerse and online digital lending platform Nimo partner to fast-track home loans

IDVerse, a world leader in digital ID verification (IDV), is transforming productivity in the financial services industry with Nimo, an award-winning online lending platform that delivers same-day, digitised lending from enquiry to settlement.

/people

Ian Lonergan named as Chetwood Financial’s new group chair

Chetwood Financial has announced Ian Lonergan as its new group chair.

/startups

Australian fintech Joust lays off staff as it looks for buyer

Australian online home loan marketplace is looking for a potential buyer, laying off staff and restructuring its sales process.

/startups

UK startup Perenna secures banking licence from the FCA and PRA

Mortgage lender Perenna has become the first UK startup to receive an unrestricted banking licence in 2023.

/markets

Better.com goes public

After a tumultuous two years that saw its CEO hit the headlines for laying off staff via Zoom, digital mortgage outfit Better.com is set to go public via a Spac merger.

/startups

Fintech Fronted shuts up shop

Fronted, a UK home lending startup founded by former Apple, Monzo and Bud executives, is shutting down in the face of rising capital costs.

/Mortgage processing

New homebuying and investment platform Allbricks launches

As the buy-to-let market continues to experience an exodus of landlords due to rising mortgage rates and increased red tape, Allbricks, a new homebuying and investment platform, is offering an alternative and mortgage-free route for property investors which boasts 32% higher returns than traditional buy-to-lets.

/retail

Capco and Celonis launch mortgage pipeline management service

Capco, the global technology and management consultancy, and Celonis, the pioneer and global leader in process mining, today announced a new mortgage pipeline management solution offering lenders a data-driven approach to manage their mortgage loan pipeline, resulting in continuous process improvement, risk mitigation and cost reduction.

/retail

Mortgage servicing startup Stavvy acquires rival platform Brace

Stavvy, the fintech company reshaping digital and remote collaboration for lending and real estate, announced its strategic acquisition of Brace, a servicing technology company addressing the long-standing inefficiencies and lack of transparency stemming from outdated technologies in mortgage servicing.

/retail

CBS releases online application for home loan refinancing

Commonwealth Bank has today announced an optimised digital functionality to make it easier and quicker for customers to refinance their home loan online.

/retail

Metro Bank transforms mortgage platform as it prepares to enter two new markets

Metro Bank has undertaken a major transformation of its mortgage origination platform to streamline the process for both mortgage intermediaries and customers as well as provide the infrastructure to launch a series of products in the Shared Ownership and Limited Company BTL sectors of the market.

/retail

Nationwide Building Society goes live on Iress’ Lender Connect

Iress today announced that Nationwide is live on Iress’ Lender Connect and is the first lender to use the direct Decision-in-Principle (DIP) process.

/regulation

Knowledge Bank turns on Consumer Duty flag for brokers

Knowledge Bank, a UK database of lending criteria, today turned on a specialist ‘flag’ to alert brokers when they have searched for an element of criteria that may indicate a client is vulnerable.

/retail

Scottish Building Society selects Iress’s MSO

Iress today announced that it has partnered with Scottish Building Society to help drive the Society’s next phase of growth.

/people

Digital mortgage broker Habito appoints Ying Tan CEO; scores funding

Mortgage multi-entrepreneur, Ying Tan, will take the position of CEO (subject to FCA approval) and become a significant shareholder in the business.

/retail

MPowered Mortgages begins testing ChatGPT

MPowered Mortgages, the fintech mortgage lender using AI to speed up and simplify the mortgage journey for homebuyers and remortgagers, today announces that it has integrated ChatGPT technology into its internal chatbot tool on its mortgage origination platform.

/retail

Equifax provides employment certainty to mortage lenders

Equifax (NYSE: EFX) is continuing its commitment to delivering the industry’s most comprehensive suite of mortgage verification solutions with the launch of Employment Select+, a new offering that supports lenders and consumers during the critical stages of the loan closing process.

/retail

Temenos targets digital mortgages

Temenos (SIX: TEMN) today launched a fully-Integrated front-to-back, mortgages solution with a smart decision engine powered by Explainable AI, helping lenders to deliver a personalized digital mortgage experience while reducing their costs and time to close.