Mortgage processing

657 articles tagged with this keyword

/retail

Tandem builds deeper integration iwth mortgage brokers

Tandem Bank, a leading force in the Second Charge mortgage market, is taking a major step forward with the launch of Connect by Tandem – a next-generation lender platform designed to transform the broker experience through automation and smart technology.

/payments

Tidewater Mortgage Services replaces legacy POS with LiteSpeed from LenderLogix

LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced Tidewater Mortgage Services (Tidewater), a retail mortgage lending company, has replaced its legacy point-of-sale (POS) technology with LiteSpeed, thus expanding its partnership with the company.

/ai

Friday Harbor raises $6m for AI-powered mortgage origination

Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, has closed a $6 million seed round.

/ai

Better.com retires $530m in debt, unlocks $265m in equity

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or “Better.com” or “the Company”), the leading AI home finance company with over $100 billion of mortgages funded on its Tinman™ AI platform, today reported that it has restructured its outstanding convertible notes with its lender to retire approximately $530 million of outstanding debt in exchange for a one-time cash consideration of $110 million and the issuance of $155 million of new senior secured notes from SB Northstar LP, the Company’s existing noteholder, which will be due December 31, 2028 and will accrue interest at a rate of 6% per annum that is payable, at Better’s option, in kind (PIK) or in cash.

/retail

Mortgage platform Wypo collaborates with financial app Plazo

Wypo, the Spanish tech platform that supports consumers in the process of finding and signing tailor-made mortgages online, has just announced a strategic partnership with financial wellness app Plazo – part of Spanish leading fintech group ID Finance.

/retail

Monzo calls on the UK government to prioritise mortgage data sharing through Open Finance

Monzo, the UK’s leading digital bank with more than 11 million customers, has revealed that outdated mortgage systems make it difficult for the UK homeowners to manage their mortgages effectively.

/retail

Solarity Credit Union deploys MeridianLink mortgage tech

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, successfully implemented MeridianLink® Mortgage for Solarity Credit Union.

/retail

Nationwide improves digital broker journey with Acre

Acre, the innovative intermediary platform, has today announced an upgrade to the platform integrated with Nationwide for Intermediaries that will enable more cases to be supported.

/sustainable

New Carbon Cashback platform rewards homeowners for boosting home energy efficiency

Snugg, the home energy efficiency platform dedicated to making sustainable homes accessible to everyone, has announced the beta launch of Carbon Cashback - a groundbreaking new platform that enables UK homeowners to earn annual payments for reducing their home’s carbon emissions.

/retail

Multiply Mortgages raises $23.5 million

Multiply Mortgage, the financial technology company making homeownership more accessible through employer benefits, today announced it has raised a $23.5 million Series A funding round, led by Kleiner Perkins. A*, Box Group, Mischief, and Workshop also participated, bringing the company’s total funding to $27 million.

/regulation

FCA authorises Islamic property finance fintech Offa

The Financial Conduct Authority (FCA) has authorised Offa, the UK's leading Islamic property finance fintech, to provide home purchase plans (HPPs), the Sharia-compliant alternative to conventional residential mortgages, for customers across the UK.

/retail

San ju SanBank signs for nCino mortgage tech

NCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that San ju SanBank, a regional Japanese bank based in Yokkaichi City, will implement the nCino Mortgage Solution.

/people

Finova appoints Sebastian Mrotzek as director of operations

Finova, the UK’s largest cloud-based mortgage and savings software provider, has today announced the appointment of Sebastian Mrotzek as Director of Operations.

/retail

Coadjute releases new suite of digital property products

Coadjute, the leading UK property technology company backed by Lloyds Banking Group, Nationwide, NatWest, and Rightmove, today announces the live launch of its groundbreaking suite of property transaction services and a bold new brand.

/retail

Banking and Fintech; More Partnership than Competition

At one point, as the industry was first evolving in its technological innovation, banks and fintech firms often saw each other solely as competition. In this FinextraTV interview, Sarah Biller, Co-Founder, Mass Fintech Hub and Claire Verville, Head of Ventures & Strategic Partnerships, M&T Bank join the virtual studio to discuss how that has changed. From exploring the history of blossoming partnerships to extolling the benefits of collaboration in the modern era, Biller and Verville narrate the truth of a new interconnected industry of opportunity.

/retail

Allica Bank launches specialist buy-to-let mortgages

Allica Bank today announced the expansion of its commercial mortgage proposition. The challenger bank is entering the specialist Buy-to-Let residential market in response to extensive broker feedback and the growing demand for specialist property finance, setting an ambitious target of £100 million in specialist Buy-to-Let mortgage offers before the end of the year.

/people

Lloyds hires Amazon exec to head up mortgages division

A former technology head at Amazon has been hired by UK high street bank Lloyds to lead the digitisation of the bank's revamped mortgage division

/retail

Nottingham Building Society taps Smoove to drive efficiency at front end of mortgage process

Smoove, a leading software provider in the conveyancing comparison space and a PEXA Group business, today announces that Nottingham Building Society has chosen it as its partner for panel management services.

/retail

Finastra aligns with Attune on mortgage processing

ATTUNE today announced a partnership with Finastra, built on their successful collaboration in transforming digital lending for financial institutions.

/devops

Shawbrook slashes mortgage product development time by 88%

Shawbrook Bank has used technology and DevOps development training from AND Digital to reduce the time required to switch mortgage products from 107 days to just 13.