Search Results for: mortgage loan

Business News

Indecomm Releases BotGeniusâ„¢

Fintech News Desk
Indecomm Global Services, a leading provider of automation, outsourcing, and compliance services and technology for the US mortgage industry, announced the release of BotGenius™,  a collection of software robots that are pre-programmed to emulate human computer interaction functions for specific standardized processes, tasks, and workflows in the mortgage industry. Read......
FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager
Fintech News

FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager

Fintech News Desk
FormFree has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades’ experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree’s flagship products, AccountChek® and AccountChek Plusâ„¢. Read More: GIACT Donates......
Blockchain Fintech News

Home Point to Offer Digital HELOC Through Figure

Fintech News Desk
Home Point Is the Second Top 25 Mortgage Lender to Begin Originating Digital HELOCs on Provenance Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced that another of the nation’s top mortgage lenders and servicers, Home Point Financial, is now offering a......
Banking Economy Fintech News

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

Fintech News Desk
Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State. Initiated by New York Governor Andrew Cuomo, NYFLF is aimed at helping small businesses, nonprofits, and small landlords as they......
Banking Fintech Guest Posts

5 Things You Need to Know about the LIBOR Transition

Bruce Orcutt
LIBOR has often been regarded as the world’s most important number. It’s one of the most widely utilized interest rates in the world used for tens of millions of financial contracts worth more than USD 300 trillion globally. Its cessation December 31, 2021 will alter financial markets around the globe......
Nexsys Technologies and Farmers Insurance® Join to Digitize the Verification of Homeowners Insurance
Fintech News

Nexsys Technologies Partners with Lemonade to Simplify Homeowners Insurance Verification Process

Fintech News Desk
Clear HOI platform streamlines verification for insurers and mortgage lenders alike Nexsys Technologies, a FinTech company that provides a suite of essential tech solutions for mortgage origination and closing, has partnered with insurance company Lemonade to simplify the homeowners insurance verification process. Using Clear HOI, Nexsys users will be able to leverage a......
Artificial Intelligence Fintech News

Amid COVID, Lenders Turn to SpaceQuant AI Tech to Get Real-Time Data on Commercial Real Estate Performance

Fintech News Desk
The commercial real estate industry has been particularly impacted by the COVID-19 pandemic currently wreaking havoc on the U.S. economy. Tenants are seeking rent reductions or may have even stopped paying rent altogether, while borrowers are requesting loan modifications or forbearances. Meanwhile, lenders and investors are demanding prompt property and......
Fintech News

June Ellie Mae Origination Insight Report Data Shows Purchase Market Rebounding As Interest Rates Continue To Decline

Fintech News Desk
Interest rates on all closed loans continued to decline in June to 3.40 percent, down from 3.43 percent in May, according to the latest Origination Insight Report from Ellie Mae®, the leading cloud-based loan origination platform provider for the mortgage industry. The 30-year rate on conventional loans fell again, dropping to 3.42 percent,......
Artificial Intelligence

More Than 50% of Debt Collection Agencies Thrived Under COVID-19

Fintech News Desk
Over half the collection agencies surveyed not only thrived during the pandemic, but actually outperformed their pre-pandemic metrics in a nationwide survey conducted by Prodigal Technologies, Inc. Prodigal, a debt collection AI software company, surveyed accounts receivable management (ARM) agencies about the impact of the coronavirus pandemic on their collections......
Artificial Intelligence Business Fintech News

Tavant Introduces Digital Software Factory and Expands into New Business Lines

Fintech News Desk
First half of 2020 sees Tavant fintech business expanding into banking, payments, and proptech  Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced key success milestones of its Fintech business achieved in the first half of 2020. While many companies were forced to scale back due to the......
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