Search Results for: loan programs

PHH Mortgage Honored by Freddie Mac for Superior Loan Servicing
Mortgage News

PHH Mortgage Honored by Freddie Mac for Superior Loan Servicing

Fintech News Desk
by Fintech News Desk0
Recognized as the Top Performer Among Top Tier Servicing Group PHH Mortgage, a subsidiary of Ocwen Financial Corporation and a leading non-bank mortgage servicer and originator, announced the Company was honored with a 2021 Freddie Mac Servicer Honors and Rewards Program (SHARP) Award. PHH won the Gold Award for Group 1, which......
LendKey’s Loan Sale Platform - ALIRO - Expands Loan Sale Capabilities
Lending News

LendKey’s Loan Sale Platform – ALIRO – Expands Loan Sale Capabilities

Fintech News Desk
by Fintech News Desk0
LendKey, a leader in managing digital lending networks for credit unions and banks, announced that it has expanded the capabilities of ALIRO, its platform that allows for the sale and purchase of loans. Launched last February, ALIRO’s loan participation programs enable financial institutions to buy and sell loan participations, more......
Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Lending News

Biz2Credit Small Business Lending Index for December Finds Loan Approval Rates Continue to Rise, But at Slow Pace

Fintech News Desk
by Fintech News Desk0
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in December 2019 Small business loan approval percentages at big banks ($10 + in assets) increased from 14.2% in November to 14.3% in December, and small banks’ approvals also rose from 19.9% in November to 20.1% in December, according to the latest Biz2Credit Small Business Lending Index™ released today. Among several categories of non-bank......
Enigma Spins Off New Lending Platform To Help Small Businesses Get Loans
Business Lending News

Enigma Spins Off New Lending Platform To Help Small Businesses Get Loans

Fintech News Desk
by Fintech News Desk0
Enigma, a data science company that provides comprehensive intelligence about the financial health and identity of more than 30 million U.S. businesses, announces the spin-off of Prime, a lending platform that will make it easier for financial institutions to extend loans to small and medium businesses (SMB). Latest Fintech Insights: FairySwap......
Embrace Home Loans Hires Meredith Spence To Manage Boston Branch
Lending Mortgage News

Embrace Home Loans Hires Meredith Spence To Manage Boston Branch

Fintech News Desk
by Fintech News Desk0
Former Chase and Wells Fargo mortgage professional will focus on expanding lender’s presence in the Greater Boston area Embrace Home Loans, a top-ranked national mortgage lender, announced that Meredith Spence has been named branch manager for the company’s new Boston/Seaport District office. Spence will be responsible for staffing the new office and expanding......
A Lead Program Built By Loan Officers, for Loan Officers - Launched by Diamond Residential Mortgage
Lending Mortgage News

A Lead Program Built By Loan Officers, for Loan Officers – Launched by Diamond Residential Mortgage

Fintech News Desk
by Fintech News Desk0
“Relationships matter“ has been the motto of Diamond Residential Mortgage Corporation (DRMC) since its inception in 2009. Diamond Residential Mortgage Corporation strives to preserve this core value while growing and embracing new technologies. One area of focus is the digital age of mortgage loan origination which brings to mind this question:......
MIT Sloan and Asia School of Business Collaborate on Master of Central Banking Program
Banking Fintech News

MIT Sloan and Asia School of Business Collaborate on Master of Central Banking Program

Fintech News Desk
by Fintech News Desk0
MIT Sloan welcomes inaugural class of central bankers to MIT campus  MIT Sloan School of Management has welcomed to its campus the inaugural class of the Asia School of Business (ASB) Master of Central Banking (MCB) program. The MCB class, consisting of central bankers from across the globe, will engage in six weeks of courses......
FHFA Expands Eligibility Requirements for RefiNow and Refi Possible Refinance Programs
Featured Mortgage News Property

FHFA Expands Eligibility Requirements for RefiNow and Refi Possible Refinance Programs

Sudipto Ghosh
by Sudipto Ghosh0
In a major shot in the arm for the US home financial services sector, The Federal Housing Finance Agency (FHFA) has announced two measures to sustainably advance the affordability of homeownership for mortgage borrowers across the nation. These measures would benefit the homeowners belonging to the underserved communities. As part......
18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers
Fintech News

18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers

Fintech News Desk
by Fintech News Desk0
TransUnion study finds that credit risk often changed based on when consumers exited hardship programs Despite financial challenges brought forth by the COVID-19 pandemic, a new study from TransUnion found that 18.7 million U.S. consumers that entered a financial hardship program experienced an increase to their VantageScore 4.0 credit risk scores......
dv01 Expands Data Transparency in US Residential Mortgage Loans via New Partnership with Invictus Capital Partners
Fintech Investments Mortgage News

dv01 Expands Data Transparency in US Residential Mortgage Loans via New Partnership with Invictus Capital Partners

Fintech News Desk
by Fintech News Desk0
– dv01 has signed Invictus Capital Partners as Loan Data Agent client – 19 VERUS Securitization Trust transactions, totaling $8.6 billion, are now available on the dv01 platform  dv01, a leading capital markets fintech company driving technological innovation and loan-level transparency in structured finance, announced a strategic partnership with Invictus......
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