Search Results for: loan portfolio

PNC Capital Markets Launches PNC Asset Exchange to Help Financial Institution Clients Optimize Loan Portfolios
Capital Markets News

PNC Capital Markets Launches PNC Asset Exchange to Help Financial Institution Clients Optimize Loan Portfolios

PR Newswire
by PR Newswire0
Exclusive online loan marketplace, powered by Community Capital, will expand client loan market access and liquidity management PNC FIG Advisory, part of PNC Capital Markets LLC, announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. PNC Asset......
Lendvia Broadens Personal Loan Portfolio to Foster Financial Independence
Finance Lending News

Lendvia Broadens Personal Loan Portfolio to Foster Financial Independence

PR Newswire
by PR Newswire0
Lendvia’s portfolio expansion aims to provide customized loan solutions, promoting financial self-reliance Lendvia, a leading financial institution committed to empowering individuals with tailored financial solutions, proudly announces the expansion of its Personal Loan Portfolio, designed to usher individuals with special circumstances toward financial independence. This strategic move of the lending company......
Customers Bancorp Acquires $631 Million Loan Portfolio at Discount and Recruits Venture Banking Team
Banking Finance News

Customers Bancorp Acquires $631 Million Loan Portfolio at Discount and Recruits Venture Banking Team

Business Wire
by Business Wire0
Expands Premier National Business Serving Innovation and Technology Companies Customers Bancorp, through its principal subsidiary, Customers Bank, has acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book value. Separate from the loan pool purchase, Customers has successfully recruited 30 team members from the......
Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank
debt collection Investment Services News

Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank

Business Wire
by Business Wire0
Off-market transaction will expand Kennedy Wilson’s national footprint and debt investment platform by initially adding over $2 billion to fee-bearing capital Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson has closed on the initial tranche of loans as......
Westlake Portfolio Management Chosen to Service Nicholas Financial's $165 Million Loan Portfolio
Finance News

Westlake Portfolio Management Chosen to Service Nicholas Financial’s $165 Million Loan Portfolio

Fintech News Desk
by Fintech News Desk0
Westlake Portfolio Management, a loan servicer located in Los Angeles, California, announces they have entered into a servicing partnership with Nicholas Financial, an auto and consumer loan finance company based in Clearwater, Florida. “We are extremely excited about our partnership with Nicholas Financial. Nicholas has an excellent reputation in the......
Walker & Dunlop Leverages Advisory Experience to Help Capital Providers Manage Loan Portfolios
debt collection Finance News

Walker & Dunlop Leverages Advisory Experience to Help Capital Providers Manage Loan Portfolios

Fintech News Desk
by Fintech News Desk0
There is $2.5 trillion of impending commercial real estate debt maturities in 2023-2027 amidst the backdrop of a rising interest rate environment, high inflation, asset revaluations, and a muted liquidity environment. Walker & Dunlop Inc. is leveraging its $121 billion servicing portfolio and national investment sales platform, which has closed nearly $40......
LendingClub Acquires $1 Billion Personal Loan Portfolio
Banking Finance News

LendingClub Acquires $1 Billion Personal Loan Portfolio

Fintech News Desk
by Fintech News Desk0
Seasoned, Quality Portfolio to Support Growth in Recurring Revenue LendingClub Corporation announced an agreement to acquire a $1.05 billion loan portfolio. The portfolio consists of personal loans that were originated through LendingClub’s marketplace and will support its growing revenue stream of recurring net interest income. The personal loans were previously acquired by......
Heritage Financial Credit Union Goes Live With Scienaptic’s AI Platform to Strengthen Consumer Loan Portfolio
Finance News

Heritage Financial Credit Union Goes Live With Scienaptic AI Platform to Strengthen Consumer Loan Portfolio

Fintech News Desk
by Fintech News Desk0
Early results indicate potential for over 25% more auto-approvals for auto loans and 35% more auto-approvals for unsecured loans Leading global AI-powered credit decision platform provider Scienaptic AI announced that Heritage Financial Credit Union is now live on its platform. This deployment is enabling Heritage Financial to streamline and automate its credit underwriting process,......
Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program
Finance News

Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
KeyCorp announced that KeyBank has sold its indirect retail auto loan portfolio and that KeyCorp has entered into an accelerated share repurchase (ASR) program. “We are committed to returning capital to our shareholders and our share repurchase program is an important part of that commitment,” said Don Kimble, Chief Financial Officer......
Constellation Financial Software Upgrades to Progress OpenEdge 12.1
Business Fintech News

Constellation Financial Software Upgrades to Progress OpenEdge 12.1 and Modernizes Lease & Loan Portfolio Management Software

Fintech News Desk
by Fintech News Desk0
 Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced that Constellation Financial Software has upgraded its Progress® OpenEdge® development platform instance to version 12.1. With the latest release and the implementation of Progress® Telerik® developer tooling and Progress® Kendo UI® for web development, Constellation evolved its Win32-based Lease & Loan Portfolio Management solution into a web-enabled......
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