208 articles tagged with this keyword
News/regulation
Lloyds Bank, Bank of Scotland and the Mortgage Business have been hit with a £64 million fine by the Financial Conduct Authority for the unfair treatment of up to a quarter of a million customers in mortgage arrears.
11 June 2020
News/retail
National Australian Bank has embarked on a recruitment drive as it prepares to check in on customers who have received a repayment pause on around 80,000 home loans due to the impact of Covid-19.
18 May 2020
Speaking at the Association of Corporate Treasurers’ International Treasury Week, Edwin Schooling Latter, director, markets and wholesale policy, FCA, said firms must push forward with LIBOR departure projects despite uncertainties regarding certain LIBOR linked loans.
13 May 2020
News/startups
Two former Westpac executives have raised $33 million for a home loan startup that aims to upend the mortgage lending business.
12 May 2020
Over 1.2 million UK mortgage holders have taken advantage of payment holidays offered by lenders, laying bare the economic devastation caused by Covid-19.
14 April 2020
News/payments
Mortgage technology startup Koodoo has collaborated with major lenders to launch a purpose-built Website and technology toolkit offering consumer guidance on payment holidays during the Covid-19 outbreak.
31 March 2020
News/Mortgage processing
Nationwide Building Society has confirmed it is in talks with Sainsbury's Bank to buy the supermarket chain's £1.9 billion mortgage book.
02 March 2020
London-based online real estate investment platform BrickVest has been bought by German outfit Patrizia. Financial terms were not disclosed.
04 February 2020
Rabo Frontier Ventures (RFV), the strategic investment fund of Rabobank, has contributed to a £7.5 million funding round in online UK mortgage broker Trussle
20 January 2020
Reapit, the UK's largest estate agency platform, has joined the IPN Consortium, a gaggle of industry players developing a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.
Fintech pioneer and first direct founder Mike Harris has come out of retirement to take on the role of chairman at mortgage switching tool Dashly.
09 December 2019
NatWest is joining forces with a consortium of software firms to develop a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.
29 November 2019
Nationwide Building Society has opened an API sandbox for third party developers to pilot applications to help speed up mortgage processing for brokers.
25 November 2019
Just nine weeks after going live to the general public, Australian neo bank 86 400 has entered the mortgage business, offering entirely digital home loans through a network of brokers.
12 November 2019
NAB Ventures has joined a A$70 million Series C funding round for Australian digital home loan platform Athena Home Loans.
24 October 2019
Santander InnoVentures has led an expansion funding round for San Francisco-based digital mortgage lending platform Roostify. The size of the round has not been disclosed.
23 October 2019
Anthemis and Axel Springer have invested £2 million in UK startup Proportunity, a tech-driven mortgage lender that helps first-time buyers get on the property ladder by removing their biggest barrier to homeownership – large down payments.
17 October 2019
Home-financing startup Better.com has raised $160 million in a Series C funding round joined by financial services giants including Citi, American Express and Goldman Sachs.
19 August 2019
Mobile bank Tandem is developing the UK’s first crowd-designed mortgage for those hoping to get on the property ladder, allowing priced-out consumers to share their personal mortgage must-haves with the digital challenger.
13 August 2019
American digital lending technology player Blend has raised $130 million in a Series E funding round led by Temasek and General Atlantic.
25 June 2019
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