Latest Mortgage processing News: Finextra Research

Company update/retail

Bluestone to sell mortgage operations to Shawbrook

Bluestone Group, the European financial services business headquartered in the UK, announced today that it has agreed terms for the sale of its UK mortgage lending and portfolio servicing operations, Bluestone Mortgages Limited (‘BML’) to Shawbrook Group plc.

20 March 2023

Company update/retail

MogoPlus releases Mortgage Stress Indicator for Australian banks and borrowers

MogoPlus, the global expert in bank transaction data insights, has today launched a Mortgage Stress Predictor, a predictive insights solution to help banks and borrowers proactively manage the looming fixed rate cliff and prevent customer financial stress.

14 March 2023

News/retail

Sydney-based ColCap acquires UK digital mortgage lender Molo

Australia's ColCap has entered the UK mortgage market after acquiring an 80% majority stake in digital lender Molo.

09 March 2023

Company update/retail

Twenty7tec adds Tandem Bank to Source module

Twenty7tec has added Tandem Bank to its SOURCE module, giving advisers access to a wider range of specialist mortgage products.

08 March 2023

Company update/retail

Twenty7tec upgrades Apply integration with Halifax

Twenty7tec has announced an upgrade to its APPLY integration with Halifax.

06 March 2023

Company update/retail

Better Mortgages rolls out 'Equity Unlocker' for Amazon employees

This purchase season, Amazon employees have a new reason to celebrate.

01 March 2023

News/retail

Equifax adds utilities to US mortgage credit reports

Equifax is adding telco, pay TV and utility data to US mortgage credit reports in a move designed to support the home ownership opportunities of more Americans.

28 February 2023

Company update/retail

Tandem Bank joins The Right Mortgage & Protection Network panel

Tandem Bank has announced that it has agreed a partnership with The Right Mortgage & Protection Network to provide its members with access to Tandem’s residential mortgage products, available through L&G Mortgage Club.

24 February 2023

News/retail

Co-operative bank leads race to acquire Sainsbury's mortgage book - Sky News

The Co-operative bank is reportedly the frontrunner in the bidding process for the £650 million mortgage loan book of supermarket chain Sainsbury's, heralding a turnaround in the fortunes of the once distressed lender.

21 February 2023

News/retail

RBC buys real estate tech platform OJO Canada

Royal Bank of Canada has acquired the Canadian operations of AI-based real estate technology company OJO. Financial terms of the deal were not disclosed.

14 February 2023

Company update/retail

Listerhill Credit Union boosts mortgage sales with Glia

Listerhill Credit Union has streamlined online member support with Glia, the leading provider of Digital Customer Service (DCS), offering seamless on-screen experiences that are driving high member satisfaction rates.

07 February 2023

Company update/retail

Better launches 'One Day Mortgage'

Better, the first fintech lender to achieve $100 bln in funded loans, today unveiled the launch of One Day Mortgage(™), a breakthrough innovation in the real estate industry.

26 January 2023

Company update/retail

Leek Building Society selects Iress MSO to improve mortgage processing

Iress today announced that Leek Building Society has selected its mortgage software, MSO, to streamline administration, improve underwriting efficiency and power the growth of its mortgage business through an improved customer experience.

25 January 2023

News/retail

LendInvest secures funding from Lloyds to enter retail mortgage market

The asset management platform for property finance, LendInvest, has announced further backing from Lloyds Bank, to enter the UK's £1.2 trillion homeowner mortgage market.

17 January 2023

Company update/retail

Australia’s Finsure to give mortgage brokers open banking access

Finsure has become the first Australian mortgage aggregator to turn on Open Banking access for its brokers.

16 January 2023

News/retail

Twenty7tec buys Meet Parker

British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.

09 January 2023

Company update/retail

Twenty7tec acquires mortgage affordability platform Broker Sense

Leading fintech firm Twenty7tec today announces the acquisition of mortgage affordability platform Broker Sense for an undisclosed sum.

04 January 2023

Company update/startups

UK challenger Bevan Money to install Sopra Banking core

Sopra Banking Software (SBS), a leading technology partner to more than 1,500 financial institutions worldwide, today announced it has been selected as preferred supplier for Bevan Money, a digitally focused start-up who will provide retail mortgage and savings products to the UK market.

08 December 2022

Company update/retail

Nationwide API integrates with Smartr365 for remortgaging journey

Following a successful pilot, Nationwide, the world's largest building society, has today announced an API integration with Smartr365, the UK’s leading end-to-end mortgage platform.

05 December 2022

Company update/Mortgage processing

Atom re-introduces suite of Prime and Near Prime mortgage products

Atom bank, the UK’s first app-based bank, is today (22 November 2022) re-introducing a suite of Near Prime and Prime mortgage products with competitive rates.

22 November 2022