Search Results for: loan origination

BNCCORP Announces Strategic Decision to Sell Mortgage Business
Banking Mortgage News

BNCCORP Announces Strategic Decision to Sell Mortgage Business

PR Newswire
by PR Newswire0
BNCCORP, INC. announced that its wholly owned subsidiary, BNC National Bank (BNC Bank), has entered into a definitive agreement with First Federal Bank under which First Federal will purchase certain operating assets and assume certain liabilities of BNC Bank’s mortgage division as part of BNCC’s strategic decision to exit the......
First Federal Bank of Kansas City and Kansas City Current Partner to Launch Hometown Heroes Platform
Banking Mortgage News

First Federal Bank Announces Agreement to Acquire Mortgage Division From BNC National Bank

PR Newswire
by PR Newswire0
First Federal Bank and BNC National Bank announce that they have signed a definitive agreement for First Federal to acquire certain assets and liabilities of BNC National Bank’s mortgage division. The purchase is expected to close in the second quarter of 2023; terms of the transaction were not disclosed. First......
KeyBank Poll Finds 1 in 3 Surveyed Homebuyers Unaware of Affordable Home Lending Offerings
Lending News

KeyBank Poll Finds 1 in 3 Surveyed Homebuyers Unaware of Affordable Home Lending Offerings

PR Newswire
by PR Newswire0
This Fair Housing Month, KeyBank is further committing to making the path to homeownership easier and more equitable KeyBank debuted its Fair Housing Month poll, which surveyed 1,000 homeowners in households earning less than $75,000 annually regarding their homebuying and lending experiences. The poll found that nearly one-third (31%) of respondents did not......
Prism Launches Startup Equity-Focused Lending Platform with $26 Million Capital Raise
Lending News

Prism Launches Startup Equity-Focused Lending Platform with $26 Million Capital Raise

PR Newswire
by PR Newswire0
Prism, a first-of-its-kind lending platform tailored to startup tech companies and employees, announced the launch of its origination services following combined Seed and Series A fundraises of $26 million led by Pantera Capital and Human Capital. Prism works directly with pre-IPO companies to allow employees of those startups to borrow against......
First Federal Bank Announces New Equipment Finance Business Line
Banking News

First Federal Bank Announces New Equipment Finance Business Line

PR Newswire
by PR Newswire0
First Federal Bank announced the initiation of a Corporate Equipment Financing line of business, as the most recent addition to the Capital Solutions division. An elite team has been engaged to specialize in multimillion dollar equipment financing. First Federal Bank’s expanded offering will support customers in our community banking markets......
MortgageRight Unveils Innovative Test Drive Campaign to Revolutionize Mortgage Branching Platform
Banking Mortgage News

MortgageRight Unveils Innovative “Test Drive” Campaign to Revolutionize Mortgage Branching Platform

GlobeNewswire
by GlobeNewswire0
MortgageRight, a leading mortgage financier specializing in residential home financing, has announced the launch of its revolutionary “Test Drive” campaign, designed to help mortgage originators explore a better mortgage branching platform with ease and confidence. The new process, showcased on their website at, aims to provide a more personalized, transparent,......
Crowe Expands Banking Technology with Crowe CX for Commercial Lending
Finance Lending News

Crowe Expands Banking Technology with Crowe CX for Commercial Lending

PR Newswire
by PR Newswire0
New lending solution simplifies process and strengthens relationships between borrowers and lenders Expanding on its financial services technology offerings, Crowe LLP, an accounting, consulting and technology firm in the U.S. with offices around the world, has announced Crowe CX for Commercial Lending. This lending platform was designed with customer experience (CX)......
Research: America’s Small Businesses Threatened by Inability to Access Needed Credit
Business Finance News

Research: America’s Small Businesses Threatened by Inability to Access Needed Credit

Business Wire
by Business Wire0
New study from Codat shows that application issues remain the biggest hurdle for SMBs in America amidst growing reliance on big banks As economic uncertainty continues to impact small and medium sized businesses (SMBs), new research from Codat, the universal API for small business data, shows that over a fifth (21%)......
Castlelake Agrees £100m Facility for TradeBridge to Support Expansion of Revenue-Based Financing Solution
Fintech Investment Services News

Castlelake Agrees £100m Facility for TradeBridge to Support Expansion of Revenue-Based Financing Solution

PR Newswire
by PR Newswire0
Castlelake, L.P., a global alternative investment manager specializing in asset-backed private credit with 17 years of experience investing in asset-rich opportunities, and fintech lender TradeBridge, announced Castlelake has agreed to provide a facility of up to £100m to TradeBridge. Alongside existing senior banking facilities, the additional funding is expected to......
Roc360 Expands its Leading Portfolio of Brands with Acquisition of Finance of America Commercial Through Asset Sale
Investment Services News

Roc360 Expands its Leading Portfolio of Brands with Acquisition of Finance of America Commercial Through Asset Sale

PR Newswire
by PR Newswire0
Roc Capital Holdings LLC, a vertically integrated platform for residential real estate investors and a leading originator of business purpose loans nationwide, announced it has closed on the previously announced transaction for Finance of America Commercial (“FACo”) assets. Founded in 2014, Roc360 has funded in excess of $14 billion in......
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