Category : Mortgage

INB Now Offering $6,000 in Downpayment Assistance for Homebuyers
Mortgage News

INB Now Offering $6,000 in Downpayment Assistance for Homebuyers

PR Newswire
by PR Newswire0
INB, N.A. mortgage lenders can provide Illinois homebuyers with up to $6,000 to help them purchase a new home. The program, IHDAccess Forgivable, assists borrowers who qualify for a loan, but may not have enough funds to cover downpayment and closing costs due to student loans or other burdens. Administered by the Illinois......
Union Home Mortgage Announces Details of Twin Cities Branch Ribbon Cutting
Mortgage News

Union Home Mortgage Announces Details of Twin Cities Branch Ribbon Cutting

PR Newswire
by PR Newswire0
The Plymouth location serves the bustling west metro region Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, announced the details of a ribbon cutting event in celebration of a partnership between its west Minneapolis branch and the local Wayzata Chamber of Commerce. The event will occur at 4pm on December 4th at the......
Infosys and Better Collaborate to Offer Mortgage as a Service
Mortgage News

Infosys and Better Collaborate to Offer Mortgage as a Service

PR Newswire
by PR Newswire0
An integrated technology & operations white-labelled AI-driven platform to help banks and credit unions provide their customers seamless digital mortgage and home equity loan experiences Infosys, a global leader in next-generation digital services and consulting, announced a collaboration with Better Home & Finance Holding Company, a leading digital-first homeownership company,......
New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid
Mortgage News

New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid

GlobeNewswire
by GlobeNewswire0
FHLBank San Francisco and Urban Institute collaboration delves into evolving role of AI in mortgage finance industry, issues recommendations for pursuing equitable outcomes The Black-white homeownership gap is wider than it was in 1960, sitting at nearly 30 percentage points, and the rapid adoption of Artificial Intelligence (AI) puts the......
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......
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