Search Results for: mortgage loan

AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers
Mortgage News

AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers

Fintech News Desk
by Fintech News Desk0
AM Best has updated tables of net capital charges associated with a representative sample of mortgage-related transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs, Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the key......
RiskSpan and Verisk Collaborate to Offer Climate Risk Analytics for Mortgage Finance
Mortgage News

RiskSpan and Verisk Collaborate to Offer Climate Risk Analytics for Mortgage Finance

Fintech News Desk
by Fintech News Desk0
Mortgage analytics firm RiskSpan has collaborated with Verisk to create a first-of-its-kind solution for measuring and mitigating the risks of climate change to the housing finance industry. The collaboration unites RiskSpan’s Edge Platform for mortgage analytics with Verisk Extreme Event Solutions’ proven set of models — relied on by leading insurance,......
Firm Capital Mortgage Investment Corporation Announces Partial Exercise of Over-Allotment Option
Mortgage News

Firm Capital Mortgage Investment Corporation Announces Partial Exercise of Over-Allotment Option

Fintech News Desk
by Fintech News Desk0
Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is pleased to announce that the underwriters of its offering of 5.00% convertible unsecured subordinated debentures due March 31, 2029 exercised, in part, their previously disclosed over-allotment option, resulting in the issue of an additional $3,700,000 aggregate principal amount of debentures.......
FirstBank Boosts Loan Officer Productivity By 20% with Total Expert
Fintech News

FirstBank Boosts Loan Officer Productivity By 20% with Total Expert

Fintech News Desk
by Fintech News Desk0
All-in-one CRM and customer experience platform delivers a better partner and borrower experience at scale At FirstBank, a leading regional bank with approximately $11.9 billion in total assets and 82 full-service branches across the Southeast, loan officers used to rely on multiple platforms to manage relationships with partners and customers. To......
ConsumerDirect Mortgage Announces Rebrand to “Real Genius”
Mortgage News

ConsumerDirect Mortgage Announces Rebrand to “Real Genius”

Fintech News Desk
by Fintech News Desk0
ConsumerDirect Mortgage, a division of FirstBank, announced it will officially change its name to Real Genius. The change will better align the company brand with its industry-leading technology that makes the mortgage process easier and more economical for consumers. “Our top priority in all of the work we do is......
Banking Mortgage News

New Study Shows Mortgage Process as Challenging as Home Buying in Today’s Competitive Housing Market

Fintech News Desk
by Fintech News Desk0
Nine in ten consumers believe the loan application process is more or equally as stressful as finding the right home, according to new report. Finicity, a Mastercard company and leader in open banking solutions, released its new report High Demand, Higher Hurdles in the Mortgage Market. The report reveals key......
Terrazero Technologies Inc. Provides One Of The First Ever 'Metaverse Mortgages' To A Client, Financing Their Virtual Real Estate Purchase Within The Metaverse
Finance Mortgage News

Terrazero Technologies Inc. Provides One Of The First Ever ‘Metaverse Mortgages’ To A Client, Financing Their Virtual Real Estate Purchase Within The Metaverse

Fintech News Desk
by Fintech News Desk0
TerraZero completes one of the first ever ‘Metaverse Mortgages’. Provides for a greater number of people to acquire virtual real estate. TerraZero Technologies Inc. (“TerraZero” or the “Company”), a vertically integrated Metaverse technology company, announces that it has completed one of the first ever ‘Metaverse Mortgages’ with one of its......
Rosedale Federal Savings & Loan Association To Acquire CBM Bancorp, Inc.
Banking Lending News

Rosedale Federal Savings & Loan Association To Acquire CBM Bancorp, Inc.

Fintech News Desk
by Fintech News Desk0
Rosedale Federal Savings & Loan Association (“Rosedale Federal”) and CBM Bancorp, Inc. (“CBM Bancorp”)  jointly announced the signing of a definitive merger agreement pursuant to which Rosedale Federal will acquire CBM Bancorp, the Baltimore, Maryland, based holding company and parent of Chesapeake Bank of Maryland, in an all-cash transaction for an aggregate purchase......
Fintech Startup Tomo Doubles Mortgage Footprint, Reaches Quarter of U.S.
Fintech Fintech Startups Mortgage News

Fintech Startup Tomo Doubles Mortgage Footprint, Reaches Quarter of U.S.

Fintech News Desk
by Fintech News Desk0
— Tomo pushes into Florida, Connecticut and Colorado, on the heels of initial launch in Texas and Washington in June — Company adds jumbo loans to product portfolio, offering financial flexibility and more choice for homebuyers, ease for real estate agents — Mortgage origination platform now services nearly a quarter......
People's United Bank Provides Mortgage Financing for Atlantis Management Group
Banking News

People’s United Bank Provides Mortgage Financing for Atlantis Management Group

Fintech News Desk
by Fintech News Desk0
People’s United Bank, N.A., announced that it served as Lead Arranger and Administrative agent for a credit facility for Atlantis Management Group, a Mt. Vernon, New York headquartered motor fuel distributor and owner and operator of a large network of gasoline service stations, quick serve restaurants and convenience store sites. The facility......
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