Category : Mortgage

Approximately Five Million New Borrowers to Gain Access to Mortgage Market Using VantageScore 4.0
Mortgage News

Approximately Five Million New Borrowers to Gain Access to Mortgage Market Using VantageScore 4.0

PR Newswire
by PR Newswire0
New Research Indicates Lenders Could Originate Up To $1 Trillion In New High-Quality Mortgage Loans Adoption of VantageScore 4.0 Helps Address the Racial Homeownership Gap While Improving Predictive Performance VantageScore released research on the quantitative impact of requiring VantageScore 4.0 credit scores, as mandated by the Federal regulator, for all Government-Sponsored Enterprise......
KBRA Assigns Preliminary Ratings to Morgan Stanley Residential Mortgage Loan Trust 2023-3 (MSRM 2023-3)
Finance Mortgage News

KBRA Assigns Preliminary Ratings to Morgan Stanley Residential Mortgage Loan Trust 2023-3 (MSRM 2023-3)

Business Wire
by Business Wire0
KBRA assigns preliminary ratings to 24 classes of mortgage pass-through certificates from Morgan Stanley Residential Mortgage Loan Trust 2023-3 (MSRM 2023-3). MSRM 2023-3 comprises 326 residential mortgages with an aggregate principal balance of $362.1 million as of the October 1, 2023 cut-off date. The majority of the underlying collateral includes......
Steve Thomas Launches Minority-Owned National Correspondent Lender
Lending Mortgage News

Steve Thomas Launches Minority-Owned National Correspondent Lender

PR Newswire
by PR Newswire0
Brings 30 years of experience at the nexus of residential mortgage trading, community banking, affordable housing, and diversity and inclusion initiatives.  Stephen Thomas announced the creation of FutureWave Finance, a minority-owned national correspondent lender, of which he is the President and CEO. The culmination of many years of planning, FutureWave partners with......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
Lending Mortgage News

Acra Lending Partners with Tavant, Deploys Touchless Lending Collateral Analysis

Business Wire
by Business Wire0
Joint implementation with Acra solidifies Tavant’s presence within the Non-QM space and will progress with future AUS integrations Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, and Acra Lending, the industry’s leading private mortgage lender, announced the successful integration of Acra Lending’s digital mortgage experience with Touchless Lending Collateral Analysis. This......
Central Bank Extends Sagent Software Partnership Six Years to Power Servicing at Scale
Fintech Mortgage News

Central Bank Extends Sagent Software Partnership Six Years to Power Servicing at Scale

Business Wire
by Business Wire0
Deal enables leading community-first bank to offer real-time mortgage servicing and continue its legacy as an exemplar of customer care Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, announced a six-year partnership extension with The Central Trust Bank (”Central Bank”) to accelerate its rapid......
SoFi Selects Asurity Technologies' RiskExec SaaS Platform For Community Reinvestment Act Data Management and Analysis
Compliance management Lending Mortgage News

SoFi Selects Asurity Technologies’ RiskExec SaaS Platform For Community Reinvestment Act Data Management and Analysis

PR Newswire
by PR Newswire0
RiskExec, Inc. a subsidiary of Asurity Technologies, LLC, announced that SoFi – the digital personal finance company – will rely on RiskExec’s software for compliance and reporting purposes. RiskExec is a leading SaaS compliance and reporting platform designed for managing regulatory compliance for banks, mortgage lenders, credit unions, auto lenders,......
Pepper Money to Acquire HSBC’s Mortgage Portfolio in New Zealand
Mortgage News

Pepper Money to Acquire HSBC’s Mortgage Portfolio in New Zealand

Fintech News Desk
by Fintech News Desk0
Pepper Money Limited announces that it has entered into a binding agreement to acquire the New Zealand prime residential mortgage portfolio of The Hongkong and Shanghai Banking Corporation Limited (HSBC), a wholly owned subsidiary of HSBC Holdings plc. The transaction is anticipated to complete in late November 2023 and is......
The Graystone Company Announces Completion of Acquisition of Direct Capital via Reverse Merger
Mortgage News

The Graystone Company Announces Completion of Acquisition of Direct Capital via Reverse Merger

GlobeNewswire
by GlobeNewswire0
The Graystone Company is pleased to announce the successful completion of its acquisition of Direct Capital, a leading mortgage banker and broker, through a reverse merger transaction. The reverse merger transaction was finalized, resulting in a significant change of control within the company. Read More About Fintech Interview: Global Fintech Interview......
Pebblebrook Hotel Trust Completes $140 Million Refinancing of Margaritaville Hollywood Beach Resort
Mortgage News

Pebblebrook Hotel Trust Completes $140 Million Refinancing of Margaritaville Hollywood Beach Resort

Business Wire
by Business Wire0
Pebblebrook Hotel Trust announced that , it successfully refinanced its mortgage loan on the 369-room Margaritaville Hollywood Beach Resort (“Margaritaville Hollywood”) in Hollywood, Florida. Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive Vice President at Clearwater Analytics “We are extremely pleased with the favorable terms of this......
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