Search Results for: debt recovery

Anyone.com Revolutionizes Mortgage Model, Expanding Homeownership Opportunities
Mortgage News

Anyone.com Revolutionizes Mortgage Model, Expanding Homeownership Opportunities

PR Newswire
by PR Newswire0
In response to the global housing affordability crisis, Anyone.com unveiled a groundbreaking solution that aims to redefine the future of the housing market: The Anyone Mortgage. This novel model, designed to bridge the ever-widening gap between income stagnation and skyrocketing house prices, promises to make homeownership accessible again, especially for......
Why A Data-Driven Approach to Digital Lending and Portfolio Management is Key for SMB Lenders
Guest Posts Lending

Why A Data-Driven Approach to Digital Lending and Portfolio Management is Key for SMB Lenders

Will Tumulty
by Will Tumulty0
Small businesses in the U.S. continue face challenges ranging from recessionary concerns, to rising inflation, labor shortages, and ongoing supply-chain issues, among others. The net effect is a current SMB closure rate of nearly 38% nationally and while some of this is attributable to factors such as lack of market......
Rapid Finance Announces Commercial Availability of Lynx Platform to Support Small Business Lending
Lending News

Rapid Finance Announces Commercial Availability of Lynx Platform to Support Small Business Lending

Business Wire
by Business Wire0
Rapid Enterprise, a division of Rapid Finance delivering Lending-as-a-Service (LaaS) solutions to support enterprise clients, announced the commercial availability of its award-winning, AI-powered fraud detection platform, Lynx, allowing financial institutions to leverage their data better and gain insights to generate 360-degree views of their customers. “We’re excited to share Lynx as......
CreditFair partners with Credgenics to digitally empower loan collections
Fintech Lending News

Creditfair Partners With Credgenics To Digitally Empower Loan Collections

PR Newswire
by PR Newswire0
CreditFair, a leading consumer lending fintech, has collaborated with Credgenics, a pioneering SaaS-based debt collection and resolution platform, to digitize the loan collections journey for CreditFair’s teams in charge of education, healthcare, home improvement, and electric vehicle loans. Leveraging Credgenics’ agile, end-to-end, digitized, and data-driven solutions, CreditFair has simplified loan resolution processes......
Point Hope’s New Distressed Credit Fund To Acquire Asian Consumer Non-Performing Loans
Fintech Lending News

Point Hope’s New Distressed Credit Fund To Acquire Asian Consumer Non-Performing Loans

Business Wire
by Business Wire0
Point Hope Pte Ltd, a Singapore-based fund manager, has partnered with Longan Group Pte Ltd, the leading investor and debt servicer in Southeast Asia, to launch a funding platform that will acquire, service and restructure consumer NPL portfolios in emerging markets across Asia. The Singapore-domiciled fund, called Annexe Fund VCC......
American Express Launches New Cash Flow Management Hub, Expanding Its Powerful Backing for Small Businesses
Analytics Banking Business Finance News

The CFPB Finds Illegal Junk Fees On Bank Accounts, Mortgages, Student Loans, And Auto Loans.

Fintech Staff Writer
by Fintech Staff Writer0
A special edition of Supervisory Highlights, published by the Consumer Financial Protection Bureau (CFPB) today, details illegal trash fees discovered in deposit accounts and across a variety of loan servicing sectors, including mortgage, student loan, and payday lending. Even for consumers who are financially knowledgeable, it can be difficult to......
BofA Community Development Banking Provides Record $7.85 Billion in Lending and Investing in 2022
Lending Mortgage News

BofA Community Development Banking Provides Record $7.85 Billion in Lending and Investing in 2022

Fintech News Desk
by Fintech News Desk0
Sixth Consecutive Record Year, Doubled Financing since 2016, by Providing Innovative Affordable Housing Financing Solutions Bank of America Community Development Banking (CDB) provided $7.85 billion in loans, tax credit equity investments, and other real estate development solutions in 2022, surpassing a previous record of $6.7 billion in financing in 2021. In its sixth consecutive......
Walker & Dunlop Leverages Advisory Experience to Help Capital Providers Manage Loan Portfolios
debt collection Finance News

Walker & Dunlop Leverages Advisory Experience to Help Capital Providers Manage Loan Portfolios

Fintech News Desk
by Fintech News Desk0
There is $2.5 trillion of impending commercial real estate debt maturities in 2023-2027 amidst the backdrop of a rising interest rate environment, high inflation, asset revaluations, and a muted liquidity environment. Walker & Dunlop Inc. is leveraging its $121 billion servicing portfolio and national investment sales platform, which has closed nearly $40......
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