Search Results for: loan origination

Intuitive Digital Engagement Transforms Mortgage Experience for Borrowers and Loan Officers
Mortgage News

Intuitive Digital Engagement Transforms Mortgage Experience for Borrowers and Loan Officers

Fintech News Desk
by Fintech News Desk0
Digital Mortgage Center from Fiserv empowers lenders to move consumers from loan application to appraisal in minutes Fiserv, Inc. a leading global provider of payments and financial services technology solutions, is transforming the mortgage lending process with an intuitive digital platform, allowing anytime, anywhere engagement. Dynamic technology combined with a responsive design enables......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
White Oak Provides $75 Million Term Loan Financing to North Atlantic Imports
Finance News

White Oak Provides $75 Million Term Loan Financing to North Atlantic Imports

Fintech News Desk
by Fintech News Desk0
White Oak Global Advisors, LLC, announced it has provided a $75 million term loan to North Atlantic Imports, which also operates under the name Blackstone Products, a Utah-based distributor of branded griddles and accessories. The loan was offered on a split-lien basis alongside a Wells Fargo ABL Revolver. “We are......
Lokyata Enables Better Loan Decisioning for Financial Institutions Through Latest Enhancements to Automated Credit Decisioning Tool, BankAnalyze
Credit Bureaus Fintech News

Lokyata Enables Better Loan Decisioning for Financial Institutions Through Latest Enhancements to Automated Credit Decisioning Tool, BankAnalyze

Fintech News Desk
by Fintech News Desk0
Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released its latest enhancements to BankAnalyze, a real-time, automated credit decisioning tool that enables lenders to instantly review a bank statement and render an “approve,” “reject” or “manual review” decision. “BankAnalyze is a next-generation tool......
ICE Mortgage Technology’s eClose Solution Saves Lenders 70 Minutes Per Loan
Mortgage News

ICE Mortgage Technology’s eClose Solution Saves Lenders 70 Minutes Per Loan

Fintech News Desk
by Fintech News Desk0
ICE Mortgage Technology, part of Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, announced the results of its hybrid eClose return on investment (ROI) study. The extensive independent study conducted by MarketWise Advisors, LLC., found 70 minutes saved per loan and 2.3 days faster loan......
RRA Capital Reaches Milestone of $1B in Commercial Real Estate Loans
Fintech Lending News

RRA Capital Reaches Milestone of $1B in Commercial Real Estate Loans

Fintech News Desk
by Fintech News Desk0
RRA Capital, an investment firm specializing in commercial real estate (CRE) bridge loans, announced today that it has surpassed $1 billion in CRE bridge loans originated since inception. Latest Fintech Insights: Soma.finance Closes $6.5 Million Seed Round Led By Animoca Brands RRA, founded in 2008 at the behest of bankers with real estate......
Lendingwise Announces Integration With Lightning Docs – Geraci Llp’s National Loan Document Generation System
Lending News

Lendingwise Announces Integration With Lightning Docs – Geraci Llp’s National Loan Document Generation System

Fintech News Desk
by Fintech News Desk0
LendingWise and Lightning Docs partner to revolutionize the loan documentation customer experience. LendingWise, a web based, all-in-one CRM, LOS, Servicing and Marketplace platform used by lenders and originators of all sizes, announced a new integration with Lightning Docs, a proprietary cloud-based loan document generation system developed in-house by the attorneys......
Redfin To Acquire Bay Equity Home Loans
Mortgage News

Redfin To Acquire Bay Equity Home Loans

Fintech News Desk
by Fintech News Desk0
Acquisition will give Redfin customers a broader suite of loan products in more markets and propel the company’s efforts to create a complete real estate solution Redfin has entered into an agreement to acquire Bay Equity Home Loans , a national, full-service mortgage lender. Under the terms of the merger......
A Lead Program Built By Loan Officers, for Loan Officers - Launched by Diamond Residential Mortgage
Lending Mortgage News

A Lead Program Built By Loan Officers, for Loan Officers – Launched by Diamond Residential Mortgage

Fintech News Desk
by Fintech News Desk0
“Relationships matter“ has been the motto of Diamond Residential Mortgage Corporation (DRMC) since its inception in 2009. Diamond Residential Mortgage Corporation strives to preserve this core value while growing and embracing new technologies. One area of focus is the digital age of mortgage loan origination which brings to mind this question:......
Jack Henry Lending Automates Tax Return Spreading, Streamlining The Loan Process
Banking Lending News

Jack Henry Lending Automates Tax Return Spreading, Streamlining The Loan Process

Fintech News Desk
by Fintech News Desk0
Tax return spreading embedded into digital lending platform, saving time and boosting efficiencies for banks and credit unions Jack Henry & Associates, Inc. announced that Jack Henry Lending has embedded tax return spreading into its digital lending platform to streamline and automate the process, increasing efficiencies and reducing loan turnaround time......
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