Mortgage processing

206 articles tagged with this keyword

/devops

Finastra opens up to bank and fintech developers with APIs, apps and integration

Ahead of its FusionONE open banking developer conference this week, Finastra has revealed its new FusionFabric.cloud platform for mortgage and loan workflows, deepening its partnership with Microsoft. The vendor has also contracted with nbkc bank to build a conversational banking app on the platform, and released some 61 new APIs to the developer community.

/wholesale

ICE makes mortgage play with Simplifile acquisition

Intercontinental Exchange (ICE) has struck a $335 million deal to buy Simplifile, the operator of a network connecting the agents and jurisdictions that underpin residential mortgage records.

/startups

Aussie challenger 86 400 scores home loan distribution deal

Australian challenger bank 86 400 has come a step closer to launching a home loan product after securing a national distribution deal with mortgage broker aggregator Vow Financial.

/Mortgage processing

RBS and Barclays trial blockchain tech to slash property transaction times

RBS and Barclays Bank have completed a blockchain trial with R3's distributed ledger software which reduced the time taken to complete a property transaction from three months to less than three weeks.

/Mortgage processing

Mortgage blockchain tech startup Acre raises £5m

Acre Software, a UK startup using blockchain technology to revamp the mortgage and insurance application process for advisers, has raised £5 million from Aviva and Sesame Bankhall Group (SBG).

/Mortgage processing

ABN Amro sells majority stake in mortgage admin business to Infosys

ABN Amro has sold a 75% stake in its mortgage administration business to Indian multinational Infosys.

/ai

ING takes academic approach to AI

Dutch bank ING is teaming up with the Delft University of Technology (TU Delft) to build an artificial intelligence fintech lab.

/Mortgage processing

Nationwide and CreditLadder combine to help renters become homeowners

Nationwide Building Society is teaming up with rent reporting platform CreditLadder to help tenants investigate whether they can become homeowners.

/startups

Online mortgage broker Mojo raises £7m

UK online mortgage broker Mojo Mortgages has raised £7 million in a Series A funding round joined by NVM Private Equity and Maven Capital Partners.

/Mortgage processing

Ellie Mae goes under the hammer for $3.7 billion

Mortgage finance software house Ellie Mae is to be acquired by private equity firm Thoma Bravo for $3.7 billion.

/startups

AmEx and Goldman Sachs invest in Better Mortgage

US digital mortgage lender Better Mortgage has raised $70 million in a Series C funding round joined by American Express Ventures and Goldman Sachs.

/Mortgage processing

Security lapse exposes millions of mortgage documents

A huge cache of financial documents scanned from paper-based mortgage and credit reports was exposed online in an alleged major security lapse at US data and analytics company Ascension.

/Mortgage processing

Computershare posts record full year profit

Australian share registry Computershare has posted its largest ever profit, boosted by massive growth at its mortgage services business and in the US.

/Mortgage processing

RBS sings the praises of paperless mortgages

Royal Bank of Scotland has tapped into pent-up demand from consumers for paperless mortgage processing, following the launch earlier this year of its online document sharing service DigiDocs.

/Mortgage processing

Hundreds of Wells Fargo customers forced out of their homes due to computer glitch

Hundreds of Wells Fargo customers lost their homes because of a computer glitch which denied creditors at risk of foreclosure modifications to their loan terms.

/Mortgage processing

Legal & General invests in mortgage intermediary platform SmartR365

Legal & General has made a £3 million investment in Smartr365, a software-as-a-service supplier to the UK mortgage intermediary market.

/Mortgage processing

Moneysupermarket sets up fintech JV to digitise the mortgage market

Price comparison website Moneysupermarket is moving into the mortgage market, setting up a joint venture with the founders of HD Decisions to enable consumers to search for, and apply, for a home loan online.

/Mortgage processing

Irish bank caught in social media spying storm

Allied Irish Bank (AIB) has been accused of spying on its customers after it emerged that it monitors mortgage holders' social media accounts

/Mortgage processing

Athena raises $15 million to disrupt Australian mortgage market

Athena, an Australian home loans startup led by former NAB bankers that is bidding to take on the nation's biggest lenders, has raised $15 million in a funding round led by Macquarie Bank and Square peg Capital.

/Mortgage processing

FCA calls for more innovation in mortgage market

The Financial Conduct Authority wants UK lenders to provide more online tools to help customers choose the right mortgage deal and to switch more easily to cheaper products.