Search Results for: mortgage loan

INB Now Offering $6,000 in Downpayment Assistance for Homebuyers
Mortgage News

INB Now Offering $6,000 in Downpayment Assistance for Homebuyers

PR Newswire
by PR Newswire0
INB, N.A. mortgage lenders can provide Illinois homebuyers with up to $6,000 to help them purchase a new home. The program, IHDAccess Forgivable, assists borrowers who qualify for a loan, but may not have enough funds to cover downpayment and closing costs due to student loans or other burdens. Administered by the Illinois......
Bank Employees Go Above and Beyond: Donations Exceed $100,000 in 2023
Banking News

Bank Employees Go Above and Beyond: Donations Exceed $100,000 in 2023

PR Newswire
by PR Newswire0
First Federal Bank is pleased to announce the success of its 2023 First Federal Way campaign, which received contributions of $50,430 from employees. With the bank’s match, a total of $100,900 is being donated to local non-profit agencies who make a significant difference in their communities. Since its inception 18 years ago, the......
New Operation HOPE Research Finds That Financial Literacy Resources, Tools & Coaching Services Are Key Drivers of Optimism Despite Uncertain Economic Times
Fintech News

Operation HOPE Announced the Results of The HOPE Insider

Business Wire
by Business Wire0
More than 3,500 HOPE Clients Responded to First-Ever Operation HOPE-Backed Survey, Providing Key Insights into a Broad Cross Section of American Financial Sentiment Operation HOPE, a national nonprofit dedicated to helping low- and moderate-income Americans thrive in an ever-changing economy, today announced the results of The HOPE Insider, its most comprehensive......
U.S. Households Pay $1,268 a Year in Hidden Costs Associated With Paying Bills, up 29% Year over Year
Finance Fintech News

U.S. Households Pay $1,268 a Year in Hidden Costs

Business Wire
by Business Wire0
Amid record-high mortgage and credit card rates, new doxo report exposes $167B in hidden bill pay costs, driven mostly by increased credit costs, along with overdraft fees, late fees, and fraud A new report released today by doxo found that hidden costs associated with paying bills amount to an additional $167 billion......
Finastra Showcases Strategies for Lending Growth and Compliance at Its User Connect Series
Lending News

Finastra Showcases Strategies for Lending Growth and Compliance at Its User Connect Series

PR Newswire
by PR Newswire0
Takeaways from the events highlight why an end-to-end technology stack is key to unlocking innovation for mortgage and lending teams at community banks and credit unions Finastra, a global provider of financial software applications and marketplaces, brought together leaders from community banks and credit unions across the United States to discuss innovation......
Featured Fintech Fintech Primers Lending

What Are The Pros of Fintech Lenders?

Pooja Choudhary
by Pooja Choudhary0
Introduction Online “fintech” lenders, which are not banks, may look at “alternative data,” such as the regularity with which a borrower pays their rent or utility bills, to establish the borrower’s creditworthiness. There are potential benefits to expanding access to loans through the use of alternative data. Lenders can now......
Cost of Living: Report Reveals Most Expensive and Most Affordable Largest U.S. Cities
Finance Fintech

Cost of Living: Report Reveals Most Expensive and Most Affordable Largest U.S. Cities

Business Wire
by Business Wire0
While the Average American Spends $2,046 per Month on Household Bills, San Jose, CA is the Most Expensive City at $3,504 per Month, and Detroit, MI is the Most Affordable at $1,571 per Month A new report released today by doxo uncovers Americans’ cost of living based on the amount spent on......
Bankers Remain Pessimistic about Economy Amid Fears on Rates
Fintech News

Bankers Remain Pessimistic about Economy Amid Fears on Rates

PR Newswire
by PR Newswire0
Although credit quality continues to hold steady, bankers are pessimistic about economic conditions for their institutions amid fears the Federal Reserve will wait until late next year to begin lowering interest rates, according to a new survey of bank executives released today by fintech IntraFi. The survey, which garnered responses......
Abbott Launches Blueprint to Help Companies Tackle This Problem
Lending News

Abbott Launches Blueprint to Help Companies Tackle This Problem

PR Newswire
by PR Newswire0
New survey by Morning Consult on behalf of Abbott shows student loans are having a profound and far-reaching impact on young adults and their planning for the future 91% say financial stress is impacting their mental, physical wellness and student loan debt is a key driver of this financial stress......
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