Search Results for: mortgage technology

FormFree Receives U.S. Patent for Ground-Breaking Approach to Credit Decisioning
Uncategorized

FormFree Founder Brent Chandler Commends CFPB Proposal to Eliminate DTI, Citing Ability to Pay as ‘Best Consumer Borrowing Risk Indicator’

Fintech News Desk
by Fintech News Desk0
FormFree Founder and CEO Brent Chandler responded to this week’s news that Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger indicated the bureau’s decision to propose amending the Ability to Repay/Qualified Mortgage Rule so as to “move away” from debt-to-income (DTI) calculations as a mortgage underwriting factor: First, I commend the CFPB for their courage......
Payments Processing Market Procurement Intelligence Report | Evolving Opportunities With PayPal and Stripe in the Payments Processing Market | SpendEdge
Fintech News

Payments Processing Market Procurement Intelligence Report | Evolving Opportunities With PayPal and Stripe in the Payments Processing Market | SpendEdge

Fintech News Desk
by Fintech News Desk0
SpendEdge has been monitoring the global payments processing market and the market is poised to experience spend growth of more than USD 20 billion between 2019-2024 at a CAGR of nearly 10% during the forecast period. Digitization is eventually becoming an integral part of the operating structures of most of......
Ellie Mae Announces Virtual Experience 2020
Banking News

2019 Concludes With Interest Rates And Purchase Percentages On The Rise According To December Ellie Mae Origination Insight Report

Fintech News Desk
by Fintech News Desk0
According to the December Origination Insight Report from Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry, interest rates rose again in December to 3.99 percent, up from 3.97 percent in November and the 2019 low of 3.93 percent in September. This is coupled with the increase in purchase loans,......
Covius Acquires Clayton Services' Due Diligence and Surveillance Businesses
Business Fintech News

Covius Acquires Clayton Services’ Due Diligence and Surveillance Businesses

Fintech News Desk
by Fintech News Desk9
Covius Holdings, Inc., a leading provider of technology-enabled solutions to the financial services industry, announced it has acquired Clayton Services, LLC, a leader in loan due diligence and credit risk management surveillance services, from Radian Group Inc. The transaction does not include Five Bridges Advisors, Green River Capital, Red Bell......
Synopsys and Finastra Partner to Secure Financial Services App Ecosystem
Fintech News

Synopsys and Finastra Partner to Secure Financial Services App Ecosystem

Fintech News Desk
by Fintech News Desk0
Synopsys Provides Validation Services for Applications Deployed on Finastra’s FusionFabric.Cloud Open Innovation Platform Synopsys, Inc.  and Finastra announced a partnership establishing an application security validation program for FusionFabric.cloud, Finastra’s open platform for developing, deploying and consuming financial applications. The program, powered by the Synopsys Software Integrity Group, ensures that all applications offered......
TextUs and Textkernel Partner to Help Staffing Firms Source and Contact Candidates Faster
Banking News

AvidXchange Raises $260 Million to Support Continued Growth

Fintech News Desk
by Fintech News Desk0
B2B Payments & AP Automation Leader Kicks off 20th Year With New Capital AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, announced it has raised $260 million in equity capital as part of the company’s latest financing round. With contributions from TPG......
PayPal Approved to Provide Access to Paycheck Protection Program Loans
Banking Fintech News

PayPal Processed Record $10 Billion in Charitable Donations in 2019

Fintech News Desk
by Fintech News Desk0
Over $1 Billion Processed During Holiday Season and Over $100 Million Processed on GivingTuesday PayPal Holdings, Inc. announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how......
Advantech Honored with Wendy’s Golden Link Award for Intelligent Payment Systems
Fintech News

Advantech Honored with Wendy’s Golden Link Award for Intelligent Payment Systems

Fintech News Desk
by Fintech News Desk0
Advantech Co. Ltd. , a global leader in intelligent systems, is thrilled to announce it has been selected as the winner of the Golden Link Award for Supply Chain Excellence by Wendy’s for their close partnership in the WePayment program. Presented by Wendy’s Quality Supply Chain Co-op (QSCC), the Golden......
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