Category : Mortgage

Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability
Mortgage News

Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability

GlobeNewswire
by GlobeNewswire0
Equifax Canada Market Pulse — Consumer Quarterly Credit Trends Report Credit demand remained high in the first quarter of this year while the mortgage market experienced a notable slowdown, according to Equifax Canada’s most recent Market Pulse consumer credit trends and insights report. Despite the slow mortgage market, the total consumer......
UMortgage Welcomes Top Brokerage in the Carolinas, MC Mortgage Group
Mortgage News

UMortgage Welcomes Top Brokerage in the Carolinas, MC Mortgage Group

PR Newswire
by PR Newswire0
UMortgage is excited to announce that it has welcomed the MC Mortgage Group to its growing nationwide mortgage platform. MC Mortgage Group is a Wilmington, North Carolina-based mortgage brokerage serving homebuyers across North and South Carolina. MC Mortgage Group President, Patrick Stoy, founded the brokerage in 2005 and boasts 24 years of experience......
SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers
Mortgage News

SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers

PR Newswire
by PR Newswire0
SouthState Bank announced the introduction of a new mortgage option called the “Opportunity Advantage Loan Fund” that is designed to help qualified low-to-moderate income (LMI) potential homebuyers overcome the financial barriers associated with purchasing a primary home. SouthState has allocated a sum of $10 million that will be drawn from over a......
Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing
Mortgage News

Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing

PR Newswire
by PR Newswire0
Colonial Savings, F.A., a trusted financial institution with a rich history spanning more than 70 years, announced its decision to cease its mortgage origination business, effective July 31, 2023. The company will shift its focus towards continuing to provide comprehensive full-service banking and mortgage servicing options to better meet the evolving......
Nations Lending Chooses Blend to Streamline the Mortgage Origination Process
Lending Mortgage News

Nations Lending Chooses Blend to Streamline the Mortgage Origination Process

Business Wire
by Business Wire0
Blend, a leading provider of cloud banking services, announced that Nations Lending Corporation has selected Blend’s Mortgage Suite to streamline the mortgage origination process and build a consistent, cost-optimized lending platform. “We had a point-of-sale solution before, but we were looking at building this holistic digital platform that is much......
Blend Announces Availability of Soft Credit Functionality
Banking Mortgage News

Blend Announces Availability of Soft Credit Functionality

Business Wire
by Business Wire0
Blend, a leading provider of cloud banking services, announced the general availability of functionality providing support for soft credit inquiries in the mortgage prequalification process. “The cost savings for lenders and increased protection for borrowers is a win-win for the mortgage industry, and we are proud to be leading the......
Voxtur Signs Exclusive Platform Agreement with The Mortgage Collaborative
Mortgage News

Voxtur Signs Exclusive Platform Agreement with The Mortgage Collaborative

GlobeNewswire
by GlobeNewswire0
Voxtur Analytics Corp., a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce the signing of an exclusive platform agreement with The Mortgage Collaborative, America’s largest independent cooperative network for the mortgage industry that includes both community banks and non-bank lenders.......
Role of Back-office Automation Software In Insurance And Mortgage Industry
Banking Commerce Featured Fintech Primers InsurTech Mortgage

Role of Back-office Automation Software In Insurance And Mortgage Industry

Pooja Choudhary
by Pooja Choudhary0
This is a piece with impeccable data sanity along with a combination of a few interesting splices and dices of information for a data geek like me. What’s the lesson here? Let’s scroll down. This exciting digital world, and the speed at which technology is being adopted, are enabling the......
Denver Mortgage Lender Responds to Potential New Mortgage Fee Rule Targeting Good Credit Homebuyers
Mortgage News

Denver Mortgage Lender Responds to Potential New Mortgage Fee Rule Targeting Good Credit Homebuyers

GlobeNewswire
by GlobeNewswire0
The US Mortgages In Denver wants to warn good credit homebuyers that they could be affected by the new mortgage fee rule issued by the Federal Housing Finance Agency (FHFA) in its effort boost the capital of Fannie Mae and Freddie Mac and to make it easier for homebuyers who have been......
American Savings Bank Extends Sagent Software Partnership 7 Years to Power Homeowner-First Loan Servicing
Fintech Mortgage News

American Savings Bank Extends Sagent Software Partnership 7 Years to Power Homeowner-First Loan Servicing

Business Wire
by Business Wire0
Deal enables leading Hawaiian bank to offer real-time mortgage servicing and customer care to fulfill its community-first vision Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, announced a seven-year partnership extension with American Savings Bank (”ASB”) to continue powering its mortgage servicing ecosystem. Latest Fintech......
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