Search Results for: mortgage lenders

Fintech News

Security, Efficiency to Drive Fintech Innovation in 2020, According to First American Real Estate Sentiment Index

Fintech News Desk
by Fintech News Desk0
—Title Agents and Real Estate Professionals Believe Demand for Greater Security and Efficiency Will Be Key Drivers for Greater Fintech Adoption in 2020, Says Chief Economist Mark Fleming— First American Financial Corporation , a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, released......
Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker
Business Fintech News

Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
In December 2019, refinance share – the percent of all loans closed during the month that were refinances – among millennials dropped for the second straight month as interest rates rose yet again. According to the latest Ellie Mae Millennial Tracker, 27% of all loans closed by millennials in December were refinances,......
Ellie Mae Announces Virtual Experience 2020
Banking News

2019 Concludes With Interest Rates And Purchase Percentages On The Rise According To December Ellie Mae Origination Insight Report

Fintech News Desk
by Fintech News Desk0
According to the December Origination Insight Report from Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry, interest rates rose again in December to 3.99 percent, up from 3.97 percent in November and the 2019 low of 3.93 percent in September. This is coupled with the increase in purchase loans,......
Covius Acquires Clayton Services' Due Diligence and Surveillance Businesses
Business Fintech News

Covius Acquires Clayton Services’ Due Diligence and Surveillance Businesses

Fintech News Desk
by Fintech News Desk9
Covius Holdings, Inc., a leading provider of technology-enabled solutions to the financial services industry, announced it has acquired Clayton Services, LLC, a leader in loan due diligence and credit risk management surveillance services, from Radian Group Inc. The transaction does not include Five Bridges Advisors, Green River Capital, Red Bell......
QuestSoft Adds Software Architect Frank Tuttle to Development Team
Fintech News Risk Management

QuestSoft Adds Software Architect Frank Tuttle to Development Team

Fintech News Desk
by Fintech News Desk0
QuestSoft, the nation’s leading provider of automated mortgage compliance software, has brought Frank Tuttle onto its team as software architect for its Compliance EAGLE platform and associated products and services. Tuttle will be working on developing new and innovative solutions to QuestSoft’s already robust and popular compliance offerings. With Tuttle joining QuestSoft’s......
Millennials' Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker
Banking Fintech News

Millennial Refinance Activity Slows as Interest Rates Rise, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
The share of refinances closed by millennials decreased in November 2019 as interest rates on 30-year loans climbed. According to the latest Ellie Mae Millennial Tracker, 31% of loans closed by millennials in November were refinances, down 3% from the month prior. This marks the first month-over-month decrease for refinance share since May 2019.......
Calyx Introduces Path Express
Banking Fintech News

Calyx Introduces Path Express

Fintech News Desk
by Fintech News Desk0
Preconfigured Version Designed for Small/Mid-sized Lenders Calyx, a leading provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders announced a new version of its cloud-based Path loan origination system (LOS), designed for lenders that are looking for quick implementation, as well as efficiency......
M&T Bank Enlists Point Predictive’s Powerful Outsourced Fraud Mitigation to Keep Auto Loan Risk at Bay
Banking Fintech Funding News

PointPredictive Fraud Analysts Identify New Fraud Pattern Affecting Millions of Dollars of Risky Auto Loan Applications

Fintech News Desk
by Fintech News Desk0
Systematic Patterns of Social Security Number Manipulation by Synthetic Identity Fraudsters Part of a Growing Trend PointPredictive, the company that solves the billion-dollar problems of auto, mortgage, fintech and personal lending risk, announced that their fraud analysts have uncovered a new auto fraud application scheme that involves systematic manipulation of......
Sagent Lending Technologies Agrees to Acquire ISGN Corporation
Banking Fintech News

Sagent Lending Technologies Agrees to Acquire ISGN Corporation

Fintech News Desk
by Fintech News Desk0
Acquisition Will Expand Sagent’s Loan Servicing Solutions Through Continued Technology-Enabled Innovation and Strong Customer Experience Sagent Lending Technologies (“Sagent”), a leading mortgage servicing technology provider, announced a definitive agreement to acquire ISGN Corporation (“ISGN”). The acquisition will expand Sagent’s loan servicing solutions and further demonstrate an ongoing commitment to the......
Eastern Union Launches 'Pooled Loan' Division
Business Fintech News

Eastern Union Launches ‘Pooled Loan’ Division

Fintech News Desk
by Fintech News Desk0
Lenders Will Offer Lower Interest Rates to Borrowers Who Purchase as a Group Eastern Union, one of the country’s leading commercial real estate finance firms, has launched a Pooled Loan division that will deliver below-market interest rates for borrowers. Borrowers will be rewarded with the discounted rates by pooling multiple......
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