Search Results for: loan administration

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
by Fintech News Desk0
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......
Artificial Intelligence InsurTech News

ConTe.it Expands Guidewire Relationship to Enhance Claims Service for Customers

Fintech News Desk
by Fintech News Desk0
Italian insurance brand selects Guidewire for increased productivity and scalability, and to position for the future ConTe.it, a motor insurance brand, and Italian subsidiary of Admiral Group, and Guidewire Software, Inc. (NYSE: GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, today announced that ConTe.it has selected additional......
Velocity Solutions Responds to CFPB’s Final Rule on Payday and Small Dollar Lending
Fintech News

Velocity Solutions Responds to CFPB’s Final Rule on Payday and Small Dollar Lending

Fintech News Desk
by Fintech News Desk0
Velocity Solutions, the Consumer Financial Protection Bureau issued a final rule concerning payday and small dollar lending to maintain consumer access to credit and competition in the marketplace. The final Payday, Vehicle Title, and Certain High-Cost Installment Loans rule rescinds the mandatory underwriting provisions of the 2017 rule, which required......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Capital Markets Fintech Investment Services News Trading

Alter Domus Names Paul Woods to Lead Integrated Strategic North America Push

Fintech News Desk
by Fintech News Desk0
Alter Domus, a leading provider of integrated solutions to alternative investment managers, announces that Paul Woods has been appointed Regional Executive North America to expand the Group’s presence in the North American private capital markets and strengthen its global leadership. Based in Boston, Paul will report directly to the Chief......
Wolters Kluwer Launches TSoftPlus PPP Forgiveness Module to Support U.S. Paycheck Protection Program Participants
Banking Business Fintech News

Wolters Kluwer Launches TSoftPlus PPP Forgiveness Module to Support U.S. Paycheck Protection Program Participants

Fintech News Desk
by Fintech News Desk0
Market-leading TSoftPlus helps lenders expedite PPP loan forgiveness end-to-end workflow With the U.S. CARES Act’s Paycheck Protection Program (PPP) now entering the loan forgiveness phase, Wolters Kluwer Compliance Solutions has launched its eagerly awaited TSoftPlus PPP Forgiveness Module to help local lenders and their small business client recipients of PPP funding facilitate both online......
Baker Hill Leadership Receives Recognition Throughout 2020
Banking Business Fintech News Risk Management

Baker Hill Poised for Market Growth with the Most Recent Updates to Baker Hill NextGen

Fintech News Desk
by Fintech News Desk0
Baker Hill, the leading financial technology provider in delivering solutions for commercial, small business and consumer loan origination, risk and relationship management, CECL, and analytics, announces the summer release of Baker Hill NextGen. This update release contains many new features and enhancements such as new capabilities to streamline Small Business......
SBA Interest Rates Hit All-Time Historic Low – Small Business Wins with the 504 Program
Business Capital Markets Fintech News

SBA Interest Rates Hit All-Time Historic Low – Small Business Wins with the 504 Program

Fintech News Desk
by Fintech News Desk0
Small Business Administration (SBA) commercial mortgage interest rates have fallen to an all-time historic low, creating a very timely and affordable opportunity for small business owners to refinance conventional mortgage and other business related debt with or without a cash-out option or purchase commercial real estate. Read More: Healthfully and......
New SBA Guidelines Worry Banks and Borrowers
Banking Business Fintech News

New SBA Guidelines Worry Banks and Borrowers

Fintech News Desk
by Fintech News Desk0
As of Friday, May 22, 2020, the Small Business Administration (SBA) released the second version of the Interim Final Rules pertaining to the guidelines on the SBA loan review process. Then one week later, senate passes house bill on June 3rd which again changed the rules on PPP Forgiveness. The everchanging landscape has lenders......
Assembled Financial Technology Announces Strategic Partnership with Los Angeles County Economic Development Corporation
Business Fintech News

Assembled Financial Technology Announces Strategic Partnership with Los Angeles County Economic Development Corporation

Fintech News Desk
by Fintech News Desk0
Assembled Financial Technology (“Assembled Financial” or “AFT”), a leading financial technology company established by Assembled Brands and Fractal Technology, announced it has formed a strategic partnership with the Los Angeles County Economic Development Corporation (“LAEDC”). Read More: Blockchain Valley Ventures Launches Virtual Deal Marketplace for Startup Funding “Small ​businesses and......
Nav Launches Free Calculator to Help Business Owners Estimate PPP Forgiveness
Banking Business Fintech News

Nav Launches Free Calculator to Help Business Owners Estimate PPP Forgiveness

Fintech News Desk
by Fintech News Desk0
Nav, a free service that provides business owners the fastest, easiest and most trusted path to financing, released a new tool to help business owners calculate the amount of Paycheck Protection Program (PPP) loan forgiveness they may qualify for. The new tool — Nav’s PPP Loan Forgiveness Calculator —  is free for......
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