197 articles tagged with this keyword
News/retail
ING Bank-backed Open Banking vendor Yolt Technology Services is to expand its Account Information Services to support UK mortgage lenders, the first step in a move to a more wide-ranging model of Open Finance.
04 February 2021
News/startups
London-based fintech Perenna has raised $10 million to back its plans to obtain a banking licence and bring "fixed for life mortgages" to the UK housing market this summer.
18 January 2021
Blend, a supplier of loan origination software for the US mortgage industry, has closed $300 million in Series G funding led by Coatue and Tiger Global, nearly doubling its valuation to $3.3B in just five months.
14 January 2021
News/cloud
Google Cloud has unveiled an AI-powered tool designed to speed up the notoriously slow mortgage application process.
20 October 2020
Dutch fintech Ohpen has acquired cross-border loan and mortgages Software as a Service (SaaS) provider Davinci.
08 September 2020
Hammock, a new neobank built specifically for landlords, has raised £1 million in seed investment from Fuel Ventures and Ascension Ventures, ahead of the planned launch of its current account in the coming weeks.
17 August 2020
UK digital mortgage outfit Habito has confirmed £35 million of investment as part of its Series C fund raise.
12 August 2020
Intercontinental Exchange has agreed to buy Ellie Mae from Thoma Bravo in a deal that values the mortgage finance software outfit at around $11 billion.
07 August 2020
As part of its platform business model for property owners, UBS has invested in Houzy, a Swiss startup that offers users tips and tools to handle renovations and likely costs.
17 July 2020
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
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
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
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