Search Results for: loan origination

FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes
Lending News

FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes

Business Wire
by Business Wire0
Key Facts SMB Digital Lending leverages advanced data analytics and machine learning to help banks profitably source, underwrite, and fund loans of any size to small and medium-sized businesses. The solution, launched in partnership with Lendio, is FIS’ first in a portfolio of digital banking solutions to focus specifically on......
KeyBank Surpasses $10 Million in Funded Loans Through Key Opportunities Home Equity Loan Program
Finance News

KeyBank Surpasses $10 Million in Funded Loans Through Key Opportunities Home Equity Loan Program

PR Newswire
by PR Newswire0
Across KeyBank’s footprint, the Key Opportunities Home Equity Loan program has helped more than 200 clients secure loans for their primary home in designated communities. KeyBank announced that it has funded more than $10 million in loans through its Key Opportunities Home Equity Loani program. Launched on March 1, 2023, the program provides affordable terms......
Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers
Mortgage News

Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers

PR Newswire
by PR Newswire0
By combining instant conditional loan approvals with hyper-personalised loan offers generated through the Ardley platform, Autopilot enables mortgage lenders and servicers to maximise deal opportunities in any rate environment while avoiding the typical sensitivity and scalability challenges associated with interest rate volatility. Ardley Technologies, a leading provider of mortgage technology......
S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance
Lending News

S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance

PR Newswire
by PR Newswire0
S&P Global Ratings upgraded ratings on three classes and affirmed ratings on three remaining classes in PenFed Auto Receivables Owner Trust 2022-A. Positive Outlooks were assigned to the class B, C and D notes. The affirmations and upgrades reflect collateral performance to date, expectations regarding future collateral performance, the transaction’s......
Achieve and Cross River Partner to Diversify and Expand Investor Access to Personal Loan Collateral
Finance News

Achieve and Cross River Partner to Diversify and Expand Investor Access to Personal Loan Collateral

PR Newswire
by PR Newswire0
Partnership debuts with the sale of pass-through certificates backed by $34.5 million in Achieve Personal Loans Achieve, the leader in digital personal finance, and Cross River Bank completed the issuance of the first pass-through certificates backed by Achieve Personal Loans, for which CRB Securities, LLC acted as placement and settlement agent.......
Gantry Continues 100% Performance of $18 Billion Loan Servicing Portfolio; Production Remains Muted Through H1 2023
Banking Mortgage News

Gantry Continues 100% Performance of $18 Billion Loan Servicing Portfolio; Production Remains Muted Through H1 2023

Business Wire
by Business Wire0
Gantry, the largest independent commercial mortgage banking firm in the U.S., is experiencing a year-over-year decrease in commercial mortgage production through H1 2023. Volatile commercial real estate markets have remained consistent since H1 2022 as market participants continue to grapple with price discovery, higher rates, maturing loans, distress, disrupted fundamentals,......
BSI Financial Extends Sagent Software Partnership 7 Years to Speed Growth to 1 Million Loans
Fintech Mortgage News

BSI Financial Extends Sagent Software Partnership 7 Years to Speed Growth to 1 Million Loans

Business Wire
by Business Wire0
Deal enables BSI Financial to grow fast in current market cycle with operational precision and cost control Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, announced a seven-year partnership extension with BSI Financial Services to continue powering its enterprise mortgage servicing ecosystem. As BSI Financial......
HCG Fund Management, LP to Purchase Loans Facilitated by Shopify Capital
Commerce E-commerce Fintech News

HCG Fund Management, LP to Purchase Loans Facilitated by Shopify Capital

Business Wire
by Business Wire0
HCG Fund Management LP (“HCG”) has entered into an agreement to purchase loans facilitated by Shopify Capital, the capital arm of Shopify, Inc (“Shopify”). Shopify is a highly regarded leader in e-commerce, and the relationship will help support the democratization of credit access for thousands of small and micro online businesses......
Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing
Mortgage News

Colonial Savings, F.A. to Cease Mortgage Origination Business, Focus on Full-Service Banking and Mortgage Servicing

PR Newswire
by PR Newswire0
Colonial Savings, F.A., a trusted financial institution with a rich history spanning more than 70 years, announced its decision to cease its mortgage origination business, effective July 31, 2023. The company will shift its focus towards continuing to provide comprehensive full-service banking and mortgage servicing options to better meet the evolving......
Nations Lending Chooses Blend to Streamline the Mortgage Origination Process
Lending Mortgage News

Nations Lending Chooses Blend to Streamline the Mortgage Origination Process

Business Wire
by Business Wire0
Blend, a leading provider of cloud banking services, announced that Nations Lending Corporation has selected Blend’s Mortgage Suite to streamline the mortgage origination process and build a consistent, cost-optimized lending platform. “We had a point-of-sale solution before, but we were looking at building this holistic digital platform that is much......
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