Category : Lending

Nations Lending Expands Further in the Southwest with New Albuquerque Branch
Lending Mortgage News

Nations Lending Expands Further in the Southwest with New Albuquerque Branch

Fintech News Desk
Company taps industry veteran Matthew Berg to lead branch Nations Lending, a leading full-service national mortgage lender, announced the opening of an Albuquerque branch. The branch will be helmed by industry veteran Matthew Berg, who will be managing a team of five loan officers who funded $137 million in loan......
Crescent Capital Group Closes Third US Direct Lending Fund, Raising $6 Billion in Investable Capital
Investment Services Lending News

Crescent Capital Group Closes Third US Direct Lending Fund, Raising $6 Billion in Investable Capital

Fintech News Desk
Exceeds Target by Over $1 Billion, More Than Double the Size of Predecessor Fund Crescent Capital Group LP, a leading alternative credit investment firm, announced the successful final close of its third direct lending fund, Crescent Direct Lending Fund III (“CDL Fund III”), raising $6 billion in investable capital including......
Abrigo Integrates with RouteOne
Lending News

Abrigo Integrates with RouteOne

Fintech News Desk
Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced its integration with RouteOne, a leader in the indirect auto financing space. The integration will ensure community financial institutions can create a streamlined and efficient buying experience for their customers at an auto dealership. RouteOne’s indirect......
LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses
Lending News Risk Management

LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses

Fintech News Desk
Small to Mid-Sized Business Lending Fraud Increased 6.9% Since 2020, with More Than One-Third of Growth Attributed to the Pandemic LexisNexis Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. The survey of risk and fraud executives at financial institutions reveals that SMB lending fraud in......
Skyline National Bank Launches Teslar Software’s Advanced Platform
Banking Lending News

Skyline National Bank Launches Teslar Software’s Advanced Platform

Fintech News Desk
Bank leverages technology to enhance efficiencies across commercial lending and grow with ease Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced that Skyline National Bank is leveraging its platform to amplify commercial lending productivity and strengthen communication across departments.......
Open Lending Announces Extension Of Agreement With AmTrust
Lending News

Open Lending Announces Extension Of Agreement With AmTrust

Fintech News Desk
Open Lending Corporation (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, announced a five-year extension of its Producer Agreement with AmTrust North America, Inc. The agreement was previously set to expire on December 31, 2023 and has now been extended through December 31,......
Climate First Bank’s Regeneration Checking Account Now Available
Lending News

Climate First Bank’s Regeneration Checking Account Now Available

Fintech News Desk
For every qualified* branded checking account opened, the bank will donate funds to Project Regeneration’s planet-saving initiatives Climate First Bank, a FDIC-insured commercial bank with a global mission to halt and reverse the climate crisis, announces its Regeneration checking account is now available for depositors. Latest Fintech Insights: InstaMortgage Adopts Finicity’s Mortgage......
Biz2Credit Small Business Lending Index for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender
Lending News

Biz2Credit Small Business Lending Index for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender

Fintech News Desk
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in January 2020 Small business loan approval percentages at big banks ($10+ in assets) increased from 14.3% in December to 14.5% in January, and small banks’ approvals also rose from 20.1% in December to 20.3% in......
Kuber Surpasses $100 Million In Assets Under Management
Digital Asset Management Lending Mortgage News

Kuber Surpasses $100 Million In Assets Under Management

Fintech News Desk
Kuber, one of Canada’s fastest growing private alternative mortgage lenders, emphasizes that each and every mortgage was originated and underwritten by its seasoned management team, underscoring Kuber’s core value in lending on high quality mortgages. Kuber’s commitment to growth, while simultaneously maintaining stringent lending practices, have allowed for consistent and remarkable returns for......
iQ Credit Union Announces New Oregon Branch, Skyview Station Move, Mortgage Lending Center
Lending Mortgage News

iQ Credit Union Announces New Oregon Branch, Skyview Station Move, Mortgage Lending Center

Fintech News Desk
Changes Support Credit Union’s Growing Membership in the Area iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, announced that it will open a new branch in Happy Valley, relocate the Salmon Creek Branch, and combine the business services team and mortgage center into a single......
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