Search Results for: consumer loan servicing

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability
Fintech Funding News

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability

PR Newswire
by PR Newswire0
The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery......
Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience
Banking Fintech News

Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience

Business Wire
by Business Wire0
Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making. Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that Fifth Third Bank will move its origination and servicing operations......
Eltropy Celebrates 600 Customer Milestone
Fintech News

Eltropy Celebrates 600 Customer Milestone

Fintech News Desk
by Fintech News Desk0
Announces the company is doubling down investment in Generative AI and Product R&D Eltropy, the leading digital conversations platform, announced it has surpassed 600 community financial institutions (CFI) customers, becoming the fastest fintech company in the CFI space to achieve this milestone. As part of the achievement, the company announced......
BSI Financial Services Chosen as Backup Asset Manager for First-Ever Rated Home Equity Agreement Securitization
Fintech News

BSI Financial Services Chosen as Backup Asset Manager for First-Ever Rated Home Equity Agreement Securitization

PR Newswire
by PR Newswire0
Company joins Unlock Technologies for historic move in home equity investment space BSI Financial Services, a mortgage operating platform, has been selected by Unlock Technologies (Unlock) as the backup asset manager for the recently closed Unlock HEA Trust 2023-1 securitization, the industry’s first rated securitization of home equity agreements (HEAs). The $224 million securitization consists of......
Pepper Advantage Grows Customer Base 40%
Investment Services News

Pepper Advantage Grows Customer Base 40 Percent

Business Wire
by Business Wire0
– Growth driven by demand for credit management and technology in higher interest rate environment – Data and technology investments lead to new customer wins across both banking and non-banking sectors – Strong Asian growth driven by Indian and Indonesian markets Pepper Advantage, a global loan servicing and credit technology......
LC Financial Holdings Completes Acquisition of BCM Global
Banking Mortgage News

LC Financial Holdings Completes Acquisition of BCM Global

PR Newswire
by PR Newswire0
LC Financial Holdings (LCFH) proudly announces the successful completion of the acquisition of BCM Global (BCM), marking the next step in its evolution as a technology-led credit specialist. This landmark acquisition cements LCFH’s stronghold in the management of consumer and SME loans, leases and mortgages across Europe. Established in 1998, LC......
Bayview Launches Insurance Asset Management Business
Investment Services Mortgage News

Bayview Launches Insurance Asset Management Business

Business Wire
by Business Wire0
New Division to Benefit from Seasoned Leadership and Unique Resources of Bayview Bayview Asset Management (“Bayview”), a leading investment management firm with a 30-year history investing in mortgage and consumer credit, announced the launch of an Insurance Asset Management business. Latest Fintech Interview Global Fintech Interview with Will Tumulty, CEO......
Redwood Credit Union Welcomes New Vice President of Mortgage Lending
Mortgage News

Redwood Credit Union Welcomes New Vice President of Mortgage Lending

Cision PRWeb
by Cision PRWeb0
Brian Kreitzer is responsible for overseeing and leading all mortgage lending activities Redwood Credit Union has hired Brian Kreitzer as vice president of mortgage lending. In his new role, Kreitzer is responsible for overseeing and leading all mortgage lending activities. This includes strategically expanding mortgage offerings to members while ensuring exceptional......
Customers Bank Onboards Former Signature Venture Banking Team
Banking Finance News

Customers Bank Onboards Former Signature Venture Banking Team

Business Wire
by Business Wire0
Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, announced it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking......
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
by Fintech News Desk0
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
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