Search Results for: alternative lenders

Westboro Mortgage Investment Fund Increases its Compounded Annualized Monthly Distribution to Investors to 9.01 Percent
Investment Services Mortgage News

Westboro Mortgage Investment Fund Increases its Compounded Annualized Monthly Distribution to Investors to 9.01 Percent

GlobeNewswire
by GlobeNewswire0
Westboro Mortgage Investment Fund has increased the monthly distribution per eligible Class F unit from $0.070/Unit (70 bps) to $0.073/Unit (73 bps). This increase provides for a non-compounded annualized return of 8.76%, or if the investor opted to reinvest distributions (DRIP), a compounded annualized return of 9.01%. The impressive performance......
Figure Launches HELOC Wholesale Model to Further Expand Access to Untapped Equity and Ease Originator Experience
Lending Mortgage News

Figure Launches HELOC Wholesale Model to Further Expand Access to Untapped Equity and Ease Originator Experience

PR Newswire
by PR Newswire0
Wholesale model will offer originators direct access to Figure’s end-to-end HELOC platform Figure Technologies Inc., a leader in transforming financial services through the power of blockchain technology, announced the launch of their wholesale lending platform, which will enable originators to seamlessly access Figure’s home equity line of credit (“HELOC”) offering.......
Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks
Lending News

Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks

Business Wire
by Business Wire0
Lending as a Service partner and fintech, Propel, will service new Pathward consumer loans Pathward, N.A., a national bank driven by its purpose to power financial inclusion, is adding a new line of credit to open access for credit challenged consumers. While credit options are abundant for some consumers, others......
Banking Featured Fintech Fintech Primers Technology

The Fintech Revolution: Accelerating Bank Performance In The Dynamic Landscape Of 2023

Pooja Choudhary
by Pooja Choudhary0
“Banks can partner with fintech to build an ecosystem where the size of the pie grows for the banks and third parties.” – Mike Henry, Scotiabank Banks need to heavily invest in fintech solutions and implement digital strategies to keep up with the ever-changing competitive landscape. This blog has highlighted that......
Voxtur Announces Exclusive Strategic Partnership with Top 3 Mortgage Originator and Aggregator
Mortgage News

Voxtur Announces Exclusive Strategic Partnership with Top 3 Mortgage Originator and Aggregator

GlobeNewswire
by GlobeNewswire0
Voxtur Analytics Corp., a North American technology company creating a more transparent and accessible real estate lending ecosystem, announced an exclusive, strategic partnership with one of the largest FHA and VA lenders in the United States to implement Voxtur’s mortgage asset trading platform, Blue Water’s new Correspondent-as-a-Service platform. More specifically,......
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......
Business Digital Featured Fintech Fintech Primers

Best 6 Fintech Startups Transforming Business In 2023

Pooja Choudhary
by Pooja Choudhary0
“Huge.” “Surging.” “Very hot.” Those were just a couple of the terms financial news outlets used to describe the fintech market in 2023. If you’ve ever made a Venmo payment or used a robo-advisor for investing, you’re already somewhat familiar with the fintech and how it works. Summary Introduction The......
FICO Launches Inclusion Accelerator Program and Financial Inclusion Lab to Help Advance Lender Financial Inclusion Initiatives
Finance Lending News

FICO Launches Inclusion Accelerator Program and Financial Inclusion Lab to Help Advance Lender Financial Inclusion Initiatives

Business Wire
by Business Wire0
Representing the next phase of FICO’s longstanding commitment to financial inclusion innovation, these programs make it easy for the market to rapidly test and adopt alternative data solutions FICO, a leading global analytics software firm, announced the launch of its Inclusion Accelerator Program and Financial Inclusion Lab to advance lender......
California Credit Union Receives Certification For Safe, Affordable Checking Account For Underbanked Californians
Banking News

California Credit Union Receives Certification For Safe, Affordable Checking Account For Underbanked Californians

PR Newswire
by PR Newswire0
Credit Union’s Checking Account Meets Robust National Bank On Standards for Safe Accounts California Credit Union has received certification by the national Cities for Financial Empowerment Fund (CFE Fund) for its checking account product, which can benefit the nearly 19% of California households that are categorized as underbanked or unbanked. California Credit Union is among......
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