Search Results for: homebuyers

PennyMac Live on Ellie Mae's Next Generation Digital Lending Platform for Correspondent Business Less Than One Year After Announcing Expanded Partnership
Business Fintech News

Ellie Mae’s Encompass Consumer Connect Eclipses 400,000 Loans In A Single Month As Lenders Engage Homebuyers Virtually

Fintech News Desk
by Fintech News Desk0
Ellie Mae, the leading cloud-based loan origination platform provider for the mortgage industry, announced that Encompass Consumer Connect has seen significant adoption as lenders turn to more virtual technology solutions to increase consumer engagement. Homebuyers submitted over 400,000 loans via Consumer Connect in a single month in 2020, more than 300......
Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier
Mortgage News

Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier

PR Newswire
by PR Newswire0
This platform makes the mortgage process more efficient by combining insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with state-of-the-art deep learning and generative AI systems, allowing Rocket Mortgage to close more loans faster. Rocket Mortgage, America’s largest retail mortgage lender and a......
First-Time-Buyers-Must-Make-$76,000-to-Afford-the-Typical-U.S.-Starter-Home–Up-8%-From-a-Year-Ago
Finance Fintech News

First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago

Business Wire
by Business Wire0
The income necessary to buy starter homes is increasing from a year ago due to rising prices and mortgage rates: The typical starter home sold for $240,000 in February, up 3.4% year over year, and the average 30-year fixed mortgage rate was 6.78%, up from 6.26% a year earlier. Homebuyers......
KeyBank Surpasses $10 Million in Funded Loans Through Key Opportunities Home Equity Loan Program
Finance News

KeyBank Surpasses $10 Million in Funded Loans Through Key Opportunities Home Equity Loan Program

PR Newswire
by PR Newswire0
Across KeyBank’s footprint, the Key Opportunities Home Equity Loan program has helped more than 200 clients secure loans for their primary home in designated communities. KeyBank announced that it has funded more than $10 million in loans through its Key Opportunities Home Equity Loani program. Launched on March 1, 2023, the program provides affordable terms......
Citizens Trust Bank Launches a Down Payment Assistance Grant Offering $2,000 Towards Closing Costs, Opening Homeownership to More Borrowers
Digital Payments News

Citizens Trust Bank Launches a Down Payment Assistance Grant Offering $2,000 Towards Closing Costs, Opening Homeownership to More Borrowers

PR Newswire
by PR Newswire0
This funding will be used to help households with a maximum of $2,000 grant contribution at the residential mortgage loan closing. Citizens Trust Bank Residential Mortgage Division announced its Down Payment Assistance Grant Program to allow eligible homebuyers to overcome the financial barrier of making a substantial down payment when......
Redfin Reports Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years
Fintech News

Redfin Reports Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years

Business Wire
by Business Wire0
Homebuyers came out of the woodwork as mortgage rates posted the biggest monthly decline since 2008 Pending home sales rose 4.1% month over month in December on a seasonally adjusted basis–the biggest increase since September 2021–to the highest level in more than a year. That’s according to a new report from Redfin......
Matic Partners With Paramount Residential Mortgage Group
InsurTech Mortgage News

Matic Partners With Paramount Residential Mortgage Group

Fintech News Desk
by Fintech News Desk0
Matic to enhance property & casualty insurance offerings for PRMG customers By Global FinTech Series News Desk  Matic, a digital insurtech platform, and Paramount Residential Mortgage Group (PRMG), a national mortgage lender, announced an exclusive partnership to offer Property & Casualty (P&C) insurance products to PRMG customers.  The partnership will......
Rocket Homes Launches First AI-Driven Apple CarPlay Feature to Fuel Homeownership
Artificial Intelligence News

Rocket Homes Launches First AI-Driven Apple CarPlay Feature to Fuel Homeownership

PR Newswire
by PR Newswire0
Rocket Homes now shows nearby homes for sale on the car screen through Apple CarPlay. Rocket Homes, a tech-based real estate service provider and part of Rocket Companies, announced its iOS app is now available on car, truck and SUV infotainment screens through Apple CarPlay – turning the everyday commute into......
Union Home Mortgage Announces Details of Twin Cities Branch Ribbon Cutting
Mortgage News

Union Home Mortgage Announces Details of Twin Cities Branch Ribbon Cutting

PR Newswire
by PR Newswire0
The Plymouth location serves the bustling west metro region Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, announced the details of a ribbon cutting event in celebration of a partnership between its west Minneapolis branch and the local Wayzata Chamber of Commerce. The event will occur at 4pm on December 4th at the......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
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