Category : Mortgage

Guild Mortgage Helps Homebuyers Save on Mortgage Payments Through New Payment Advantage Program
Lending Mortgage News

Guild Mortgage Helps Homebuyers Save on Mortgage Payments Through New Payment Advantage Program

Fintech News Desk
by Fintech News Desk0
Independent Mortgage Lender Will Pay 1% of Interest Rate for First Year of Mortgage; Offers Refinancing Without Lender Fees Guild Mortgage, a growth-oriented mortgage lending company originating and servicing residential loans since 1960, introduced Payment Advantage, a new conventional loan program to help homebuyers save on their payments as rates continue......
Carrington Mortgage Services Amasses $122.1 Billion in Servicing Balances
Mortgage News

Carrington Mortgage Services Amasses $122.1 Billion in Servicing Balances

Fintech News Desk
by Fintech News Desk0
In 2022, CMS has boarded $62.3 billion in loans from 236,000 as a part of MSR purchases, nearly doubling its platform to an impressive $122.1 billion in servicing balances across more than 682,000 customer For a number of years, Carrington Capital Management, the asset management organization of The Carrington Companies, has......
nesto Raises $80 Million Series C Financing Round to Accelerate Canadian Expansion and Launch nesto Mortgage Cloud
Finance Mortgage News

nesto Raises $80 Million Series C Financing Round to Accelerate Canadian Expansion and Launch nesto Mortgage Cloud

Fintech News Desk
by Fintech News Desk0
nesto, Canada’s online mortgage lender, announced the closing of an oversubscribed $80 million Series C financing. The financing round was led by IGM Financial, Inc, with support from existing and new investors; Diagram Ventures, Portage, NAventures, National Bank of Canada’s corporate venture capital arm, BMO Capital Partners, as well as......
Fairway Independent Mortgage Offers Down Payment Assistance to First-Time Buyers
Mortgage News

Fairway Independent Mortgage Offers Down Payment Assistance to First-Time Buyers

Fintech News Desk
by Fintech News Desk0
Fairway Independent Mortgage Corporation, the nation’s third largest retail mortgage lender, announced the Fairway Community Access program (FCA), a new program to aid prospective first-time homebuyers currently residing in select communities across the country, including Atlanta, Georgia; Baltimore, Maryland; Chicago, Illinois; Detroit, Michigan; Memphis, Tennessee; and Philadelphia, Pennsylvania. The FCA program aims to help eligible individuals......
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......
1