Category : Mortgage

Finance of America to Acquire Assets of Reverse Mortgage Lender AAG
Finance Mortgage News

Finance of America to Acquire Assets of Reverse Mortgage Lender AAG

Fintech News Desk
by Fintech News Desk0
Strategic acquisition marks expansion into direct-to-consumer retail channel, underscores commitment to expanding access to home equity solutions for America’s retirees Finance of America Companies Inc., a leading specialty finance and solutions platform, announced it will acquire assets of American Advisors Group (“AAG”), a leading direct-to-consumer reverse mortgage lender, in exchange......
Pylon Closes $8.5 Million Seed Round to Build the Embedded Mortgage Infrastructure Platform
Mortgage News

Pylon Closes $8.5 Million Seed Round to Build the Embedded Mortgage Infrastructure Platform

Fintech News Desk
by Fintech News Desk0
Introducing a first of its kind mortgage-as-a-service platform built for developers Pylon, the embedded mortgage infrastructure platform, announced that it has raised $8.5 million in seed funding, led by Conversion Capital with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures, and Village Global alongside angel investors from Ramp, Blend, Zillow, SoFi, and Figure. The round will......
8Twelve Surpasses $100 Million in Funded Private Mortgages
Mortgage News

8Twelve Surpasses $100 Million in Funded Private Mortgages

Fintech News Desk
by Fintech News Desk0
8Twelve Financial Technologies Inc. is proud to announce that its private mortgage lending division has crossed a milestone of $100MM in funded private mortgages! A significant achievement given the company only recently celebrated its 4-year anniversary. 8Twelve’s private lending focuses on solving short-term funding problems with clear-cut exit strategies, thus increasing a......
Candor Technology Creates First-Ever Loan Quality Services Underwriting Engine
Mortgage News

Candor Technology Creates First-Ever Loan Quality Services Underwriting Engine

Fintech News Desk
by Fintech News Desk0
Candor’s solution increases efficiencies for mortgage lenders in a tight market Candor Technology announced that it has created the first-ever automated underwriting engine for Loan Quality Services (LQS), further helping clients transform their business models for the twenty-first century. “Candor is dedicated to finding new and innovative ways to leverage technology......
Wiseday is Canada’s First Company To (Truly) Deliver Instant Mortgage Pre-Approvals
Mortgage News

Wiseday is Canada’s First Company To (Truly) Deliver Instant Mortgage Pre-Approvals

Fintech News Desk
by Fintech News Desk0
‘Instant pre-approvals’ and ‘fully digital’ have been promised by Canadian mortgage companies before, but none have been genuinely instantaneous or 100% digital — until now Wiseday Financial Inc. is upending Canada’s mortgage landscape by delivering the country’s first truly instant mortgage pre-approval process. For decades, securing a pre-approval from an established bank or traditional......
Carrington Mortgage Services Enters into Settlement with the Consumer Financial Protection Bureau
Consumer protection laws Mortgage News

Carrington Mortgage Services Enters into Settlement with the Consumer Financial Protection Bureau

Fintech News Desk
by Fintech News Desk0
Carrington Mortgage Services is proud to have helped more than 134,000 consumers obtain relief during the COVID pandemic and, despite its business decision to settle, maintains that the CFPB’s position ignored key facts and the law Carrington Mortgage Services, LLC (Carrington) agreed to settle with the Consumer Financial Protection Bureau......
Nations Lending Opens New Branch in Summerville
Lending Mortgage News

Nations Lending Opens New Branch in Summerville

Fintech News Desk
by Fintech News Desk0
Company taps Hunter Jackson to lead and serve the Greater Charleston area Nations Lending, a leading full-service national mortgage lender, has announced the opening of its newest branch in Summerville, South Carolina. The company has hired native South Carolinian Hunter Jackson as Branch Manager, where he will be serving buyers......
Newrez and Shelter Mortgage Announce New Joint Venture Lender Carnegie Mortgage Partners
Lending Mortgage News

Newrez and Shelter Mortgage Announce New Joint Venture Lender Carnegie Mortgage Partners

Fintech News Desk
by Fintech News Desk0
Newrez LLC, a national mortgage lending and servicing organization, announced the formation of its newest joint venture mortgage company, Carnegie Mortgage Partners, LLC, in partnership with Keller Williams Bergen County Partners. “The alliance with Newrez, one of the country’s top mortgage lenders and loan servicers, will empower Carnegie Mortgage Partners......
Figure Technologies Launches Ready Life Partnership to Increase Mortgage Access
Blockchain Fintech Mortgage News

Figure Technologies Launches Ready Life Partnership to Increase Mortgage Access

Fintech News Desk
by Fintech News Desk0
Figure’s Innovative Banking in a Box Platform Utilizes Provenance Blockchain Figure Technologies, Inc., a leader in transforming financial services through the power of blockchain technology, announced the launch of its partnership with Ready Life, a rising fintech disrupting the mortgage industry. Through their mobile app, customers of Ready Pay can......
Movement Mortgage Partners with Figure to Offer Improved HELOC Delivery
Mortgage News

Movement Mortgage Partners with Figure to Offer Improved HELOC Delivery

Fintech News Desk
by Fintech News Desk0
Figure, the country’s top non-bank HELOC lender, and Movement Mortgage, the nation’s sixth-largest retail mortgage lender, announced a transformative partnership that will allow Movement’s borrowers faster access to home equity with approval in as few as five minutes and funding in as few as five days. Movement will leverage Figure’s platform......
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