Category : Mortgage

How Debt Collection Practices would Change Once "Regulation F" Takes Effect from November 30, 2021
Business Economy Featured Finance Mortgage News

How Debt Collection Practices would Change Once “Regulation F” Takes Effect from November 30, 2021

Sudipto Ghosh
by Sudipto Ghosh0
COVID-19 pandemic may have slowed down the consumer finances market and thus disrupted the whole of US-based debt collection practices. In order to regulate the debt collection practices across the US, the Consumer Financial Protection Bureau launched a massive drive back in 2019. What is Regulation F The debt collection......
Valon Raises $43.9 Million Investment for Residential Mortgage Servicing Platform; Offers Borrowers a Better Way to Navigate Homeownership
Fintech Mortgage News

Valon Raises $43.9 Million Investment for Residential Mortgage Servicing Platform; Offers Borrowers a Better Way to Navigate Homeownership

Fintech News Desk
by Fintech News Desk0
Company partners with Starwood Capital Group and Freedom Mortgage, and secures Freddie Mac and Federal Housing Administration approval, to service government-backed loans Valon, a tech-enabled residential mortgage servicer, announced a $43.9 million investment, to continue fueling the company’s rapid growth through hiring, the development of a loan originations and property......
Kuber Secures $40 Million Credit Facility from Schedule I Bank
Banking Fintech Mortgage News

Kuber Secures $40 Million Credit Facility from Schedule I Bank

Fintech News Desk
by Fintech News Desk0
Kuber Mortgage Investment Corporation is pleased to announce that it has secured a $40 million revolving credit facility (the “Credit Facility”) from a top 5 Canadian Schedule 1 bank (the “Bank”). The Credit Facility is for a term of 12 months. Read More: QuickFee Introduces Connect, A New Payment Integration with Wolters......
Porch Group Acquires Floify, a Leading SaaS Provider for Loan Officers
Fintech Investments Mortgage News

Porch Group Acquires Floify, a Leading SaaS Provider for Loan Officers

Fintech News Desk
by Fintech News Desk0
Strategic Acquisition Enhances Porch’s Early Access to Homebuyers and Adds Expected $15 Million in Recurring B2B SaaS Revenue to 2022  Porch Group, Inc., a leading vertical software and InsurTech company reinventing the home services industry, today announced the acquisition of Floify, a leading provider of digital mortgage automation and point-of-sale......
Polly Integrates with Blend to Further Streamline the Loan Origination Process
Banking Cloud Fintech Mortgage News

Polly Integrates with Blend to Further Streamline the Loan Origination Process

Fintech News Desk
by Fintech News Desk0
Partnership enables mortgage lenders to operate more efficiently Polly, a leading provider of innovative SaaS solutions for the mortgage industry, announced an integration partnership with Blend, a leader in cloud banking and mortgage software, that helps provide financial institutions with a completely digital loan process. The integration pairs Polly’s Pricing Engine......
Button Finance Raises $2 Million Seed Round
Mortgage News

Button Finance Raises $2 Million Seed Round

Fintech News Desk
by Fintech News Desk0
Button Finance, Inc., a fintech mortgage lender focused on home equity, announced that it has closed a $2 million seed raise. The capital will allow Button Finance to hire talent and to develop its proprietary technology further. Entities advised by Hildene Capital Management, LLC (“Hildene”), participated in the seed funding......
First American Announces Completion of ServiceMac Acquisition
Mortgage News

First American Announces Completion of ServiceMac Acquisition

Fintech News Desk
by Fintech News Desk0
Purchase uniquely positions the companies to support the entire mortgage life cycle, while enhancing product innovation efforts First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, announced the completion of First American’s acquisition of ServiceMac, LLC, an innovative mortgage......
FHFA Expands Eligibility Requirements for RefiNow and Refi Possible Refinance Programs
Featured Mortgage News Property

FHFA Expands Eligibility Requirements for RefiNow and Refi Possible Refinance Programs

Sudipto Ghosh
by Sudipto Ghosh0
In a major shot in the arm for the US home financial services sector, The Federal Housing Finance Agency (FHFA) has announced two measures to sustainably advance the affordability of homeownership for mortgage borrowers across the nation. These measures would benefit the homeowners belonging to the underserved communities. As part......
ChargeAfter’s Multi Lender BNPL Financing Platform now Available on Lenovo.com
Lending Mortgage News

ChargeAfter’s Multi Lender BNPL Financing Platform now Available on Lenovo.com

Fintech News Desk
by Fintech News Desk0
Shoppers will have access to personalized consumer and B2B financing from ChargeAfter’s omnichannel, multi-lender waterfall platform. ChargeAfter, the global market-leading buy now, pay later (BNPL) network announced today that Lenovo has launched its services on its U.S. website. Lenovo consumer and business shoppers in the United States can now easily......
Low-to-Moderate Income Consumers Present $300 Billion Growth Opportunity for the Mortgage Industry
Fintech Mortgage News

Low-to-Moderate Income Consumers Present $300 Billion Growth Opportunity for the Mortgage Industry

Fintech News Desk
by Fintech News Desk0
New TransUnion study analyzes the creditworthiness of this consumer segment and how lenders can grow market share and revenue  Low-to-moderate income (LMI) consumers have traditionally been overlooked in the mortgage market and trail non-LMI consumers in terms of homeownership. A new study from TransUnion suggests closing this gap could yield mortgage......
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