Search Results for: Waterfall Asset Management

Flexiti Announces New C$527 Million Term Securitization Facility, Bringing Funding Capacity to Over C$1 Billion
Fintech News

Flexiti Announces New C$527 Million Term Securitization Facility, Bringing Funding Capacity to Over C$1 Billion

Fintech News Desk
by Fintech News Desk0
Flexiti Financial Inc., one of Canada’s leading “Buy Now, Pay Later” financial solutions providers, has announced that it has signed a new C$527 million securitization facility led by National Bank with financing also provided by an affiliate of Bank of Montreal and funds managed by Waterfall Asset Management. Combined with......
Ocwen Financial Announces Closing With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing and REO Platforms
Investments Mortgage News

Ocwen Financial Announces Closing With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing and REO Platforms

Fintech News Desk
by Fintech News Desk0
Ocwen Financial Corporation, a leading non-bank mortgage servicer and originator, announced that its wholly-owned subsidiary, PHH Mortgage Corporation (“PHH”), has completed the previously announced transaction with Reverse Mortgage Solutions, Inc. (“RMS”) and its parent, Mortgage Assets Management, LLC (“MAM”), to acquire substantially all of the RMS reverse mortgage servicing platform......
Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program
Finance News

Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
KeyCorp announced that KeyBank has sold its indirect retail auto loan portfolio and that KeyCorp has entered into an accelerated share repurchase (ASR) program. “We are committed to returning capital to our shareholders and our share repurchase program is an important part of that commitment,” said Don Kimble, Chief Financial Officer......
Avant Expands Debt Warehouse
Fintech News

Avant Expands Debt Warehouse

Fintech News Desk
by Fintech News Desk0
Funding commitments support rapidly expanding credit card and personal loan book Avant, a leading financial technology company that gives middle-income consumers access to the credit they deserve, announced it has successfully closed renewals of lines of credit totaling $425 million from JP Morgan Chase, Waterfall Asset Management and funds managed by Ares......
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......
Digital Banking: Transformation or Trepidation?
Banking Guest Posts Mobile Banking

Digital Banking: Transformation or Trepidation?

Colin Murphy
by Colin Murphy0
The right strategy can open the door to new innovations, enhanced consumer experiences The rise in online and mobile banking related to the COVID-19 crisis is accelerating the need for digital transformation in retail banking to meet shifting consumer expectations. Financial institutions know digital transformation can usher in innovative ways......
Astra Unveils Transfer Automation Platform for Banks and Fintechs
Banking Digital Fintech Investment Services News

Oxane Partners Wins Multiple Loan Servicing Mandates in Further Endorsement of Its Loan Servicing 2.0 Solution

Fintech News Desk
by Fintech News Desk0
Oxane Partners Limited , a leading technology-driven solutions provider to private markets, announced today that it has won multiple mandates to act as facility agent and security agent on loans across the real estate and maritime asset classes. The loans have a combined unpaid balance of over £250 million. Read......
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