Mortgage processing

592 articles tagged with this keyword

/startups

Jia Finance raises $5m to help Asian investors get US residential mortgages

Jia Finance, an online residential mortgage platform for foreign investors, is now scaling its offering in the U.S. for international buyers and announcing its $5 million seed round of funding.

/startups

Smartr365 reaches £50m pre-money valuation in latest funding round led by Legal & General

Smartr365, the UK’s leading end-to-end mortgage platform, has today announced further funding from investors, alongside a pre-money valuation of £50m.

/retail

EarnUp closes $31 million Series C

EarnUp, a San Francisco-based Fintech company offering payment and data solutions for the mortgage industry, closed an oversubscribed $31 million Series C financing round. Included in this round are new strategic investors, LendingTree (NASDAQ:TREE) and KeyBank (NYSE:KEY), in addition to leading institutional investors, Bain Capital Ventures, SignalFire, Blumberg Capital, and Flourish Ventures.

/retail

Together selects Thought Machine to modernise technology stack

Together, one of the UK’s leading specialist mortgage and secured loan providers, today announces it has selected Thought Machine, the core banking technology company, to modernise its core systems.

/people

After mass Zoom firing, Better.com lays off another 3000 employees

Better.com, the digital mortgage outfit that caused uproar last year after its CEO fired 900 employees in a single Zoom call, is laying of another 3000 staffers.

/retail

Accord extends API technology to BTL cases

Accord Mortgages has today (Monday 7 March) added buy-to-let functionality to its API technology, making it even easier for brokers to submit mortgage applications for landlords.

/cloud

Finova migrates to Microsoft Azure

The UK’s largest mortgage and savings technology provider, finova, has fully migrated its servicing proposition to the cloud using Microsoft Azure enabling faster deployments.

/cloud

Westpac appoints first BaaS chief

Westpac has appointed Damien MacRae as its first BaaS chief executive, overseeing the Australian lender's efforts to deepen its relationship with non-bank partners looking to embed banking services.

/sustainable

NatWest introduces EPC rating into digital mortgage hub

NatWest will be leading the way in the UK to show mortgage customers their current Energy Performance Certificate (EPC) rating online, alongside their other key information.

/retail

Mortgage lender to the over-50s, LiveMore Capital, picks up £275m credit facility from NatWest

LiveMore Capital, the specialist mortgage lender for over-50s, has agreed a £275m senior funding line with NatWest Markets.

/retail

Tinkoff introduces digital mortgage loans

Tinkoff Group, a leading digital provider of financial and lifestyle services, is introducing a new line of business – digital mortgage loans.

/retail

CBA teams up with Harvard University researchers to help customers better manage their home loans

Commonwealth Bank today announced the launch of a smart new feature in the CommBank app that makes it simple and easy for customers to align their home loan repayments with the date and frequency of their regular incoming salary payments.

/retail

Selina Finance snags £150 million for home equity lending

Selina Finance, a London-based alternative lender which provides credit to business and consumer borrowers by unlocking the value tied up in their property, has raised $35m in equity from Lightrock and $115m in debt from Goldman Sachs and GGC.

/sustainable

Coventry Building Society increases insight on climate change risk to mortgage portfolio

Coventry Building Society has renewed its partnership with Hometrack, the leading provider of insight and intelligence to the UK mortgage market, driving greater understanding of the potential impact of climate change on both its existing portfolio and new lending.

/retail

Hampshire Trust Bank renews with Phoebus Software

Phoebus Software Limited (PSL) and Hampshire Trust Bank have renewed their contract which will see the Phoebus solution continue to service the bank’s specialist mortgage and development finance lending propositions.

/retail

VTB abandons paper in the mortgage application process

VTB, with the support of DOM.RF (Russia’s housing and urban development corporation), is implementing a service for issuing electronic mortgages.

/retail

Hometrack and Twenty7Tec partner to deliver a faster mortgage application journey for brokers

Hometrack, the industry leading provider of valuation and automation solutions, and Twenty7Tec, the leading provider of mortgage technology, have come together to deliver a significant enhancement to the digital mortgage journey for brokers and their customers.

/Mortgage processing

Sales Boomerang and Mortgage Coach attract investments from LLR Partners

Sales Boomerang, a provider of automated borrower intelligence and retention software for lenders, and Mortgage Coach, a borrower conversion platform empowering lenders to educate borrowers with interactive presentations that model home loan performance over time, today announced strategic investments from Philadelphia-based private-equity firm LLR Partners.

/retail

PMS offers advisers free technology through Acre

Acre, the new end-to-end mortgage intermediaries platform digitally transforming mortgage advice, has been selected by PMS, the UK’s leading mortgage club and part of Sesame Bankhall Group, to be a preferred technology partner for directly authorised advisers.

/retail

Coventry Building Society rolls out customer affordability tool

Coventry Building Society has launched a new online affordability tool to help mortgage customers facing financial difficulties.