Category : Mortgage

Figure Launches HELOC Wholesale Model to Further Expand Access to Untapped Equity and Ease Originator Experience
Lending Mortgage News

Figure Launches HELOC Wholesale Model to Further Expand Access to Untapped Equity and Ease Originator Experience

PR Newswire
by PR Newswire0
Wholesale model will offer originators direct access to Figure’s end-to-end HELOC platform Figure Technologies Inc., a leader in transforming financial services through the power of blockchain technology, announced the launch of their wholesale lending platform, which will enable originators to seamlessly access Figure’s home equity line of credit (“HELOC”) offering.......
Anyone.com Revolutionizes Mortgage Model, Expanding Homeownership Opportunities
Mortgage News

Anyone.com Revolutionizes Mortgage Model, Expanding Homeownership Opportunities

PR Newswire
by PR Newswire0
In response to the global housing affordability crisis, Anyone.com unveiled a groundbreaking solution that aims to redefine the future of the housing market: The Anyone Mortgage. This novel model, designed to bridge the ever-widening gap between income stagnation and skyrocketing house prices, promises to make homeownership accessible again, especially for......
First Federal Bank Acquires Mortgage Division From BNC National Bank
Mortgage News

First Federal Bank Acquires Mortgage Division From BNC National Bank

PR Newswire
by PR Newswire0
First Federal Bank announces the acquisition of assets and employees of BNC National Bank’s mortgage division and welcomes the new team. The transaction closed today. The new team will augment the legacy First Federal markets serving customers from locations in Overland Park, Kansas, Moline, Illinois and Bismarck, North Dakota locations and in the Phoenix, Arizona market. First Federal......
Voxtur Announces Exclusive Strategic Partnership with Top 3 Mortgage Originator and Aggregator
Mortgage News

Voxtur Announces Exclusive Strategic Partnership with Top 3 Mortgage Originator and Aggregator

GlobeNewswire
by GlobeNewswire0
Voxtur Analytics Corp., a North American technology company creating a more transparent and accessible real estate lending ecosystem, announced an exclusive, strategic partnership with one of the largest FHA and VA lenders in the United States to implement Voxtur’s mortgage asset trading platform, Blue Water’s new Correspondent-as-a-Service platform. More specifically,......
Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability
Mortgage News

Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability

GlobeNewswire
by GlobeNewswire0
Equifax Canada Market Pulse — Consumer Quarterly Credit Trends Report Credit demand remained high in the first quarter of this year while the mortgage market experienced a notable slowdown, according to Equifax Canada’s most recent Market Pulse consumer credit trends and insights report. Despite the slow mortgage market, the total consumer......
UMortgage Welcomes Top Brokerage in the Carolinas, MC Mortgage Group
Mortgage News

UMortgage Welcomes Top Brokerage in the Carolinas, MC Mortgage Group

PR Newswire
by PR Newswire0
UMortgage is excited to announce that it has welcomed the MC Mortgage Group to its growing nationwide mortgage platform. MC Mortgage Group is a Wilmington, North Carolina-based mortgage brokerage serving homebuyers across North and South Carolina. MC Mortgage Group President, Patrick Stoy, founded the brokerage in 2005 and boasts 24 years of experience......
SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers
Mortgage News

SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers

PR Newswire
by PR Newswire0
SouthState Bank announced the introduction of a new mortgage option called the “Opportunity Advantage Loan Fund” that is designed to help qualified low-to-moderate income (LMI) potential homebuyers overcome the financial barriers associated with purchasing a primary home. SouthState has allocated a sum of $10 million that will be drawn from over a......
Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing
Mortgage News

Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing

PR Newswire
by PR Newswire0
Colonial Savings, F.A., a trusted financial institution with a rich history spanning more than 70 years, announced its decision to cease its mortgage origination business, effective July 31, 2023. The company will shift its focus towards continuing to provide comprehensive full-service banking and mortgage servicing options to better meet the evolving......
Nations Lending Chooses Blend to Streamline the Mortgage Origination Process
Lending Mortgage News

Nations Lending Chooses Blend to Streamline the Mortgage Origination Process

Business Wire
by Business Wire0
Blend, a leading provider of cloud banking services, announced that Nations Lending Corporation has selected Blend’s Mortgage Suite to streamline the mortgage origination process and build a consistent, cost-optimized lending platform. “We had a point-of-sale solution before, but we were looking at building this holistic digital platform that is much......
Blend Announces Availability of Soft Credit Functionality
Banking Mortgage News

Blend Announces Availability of Soft Credit Functionality

Business Wire
by Business Wire0
Blend, a leading provider of cloud banking services, announced the general availability of functionality providing support for soft credit inquiries in the mortgage prequalification process. “The cost savings for lenders and increased protection for borrowers is a win-win for the mortgage industry, and we are proud to be leading the......
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