Search Results for: loan origination

NXTsoft Experiences Over 5x Increase in CECL Sales in 2021
Fintech News

NXTsoft Experiences Over 5x Increase in CECL Sales in 2021

Fintech News Desk
by Fintech News Desk0
NXtsoft sees uptick in CECL sales to financial institutions, recommends financial institutions adopt CECL now so that the CECL calculations can be run in parallel with their current allowance for loan loss (ALLL) calculations in advance of deadline. NXTsoft, a company focused on providing API connectivity, data analytics and data......
Real Estate-Focused Fintech UpEquity Turns to Blend to Power Simpler Mortgage Process for Consumers
Banking Cloud Fintech News

Real Estate-Focused Fintech UpEquity Turns to Blend to Power Simpler Mortgage Process for Consumers

Fintech News Desk
by Fintech News Desk0
Blend, a leader in cloud banking software, announced a new fintech customer UpEquity, an Austin-based digital mortgage company assisting customers in making cash offers. UpEquity will use Blend’s platform to help power seamless digital mortgage experiences as part of a broader effort to simplify the process of buying a home.......
Housing Fintech Trellis Raises Funding to Expand Across Pakistan
Fintech News

Housing Fintech Trellis Raises Funding to Expand Across Pakistan

Fintech News Desk
by Fintech News Desk0
Trellis Housing Finance Limited (Trellis), an SECP licensed Housing Finance Company based in Karachi, has raised an investment round led by local and international investors including Fatima Gobi Ventures, Insitor Partners, Zayn Capital, TPL Properties & Taarah Ventures along with angel investors. With this funding, Trellis will expand operations across the......
FormFree Integration with OpenClose Enhances Lending Experience with the Ease and Speed of Borrower-permissioned Data Verification
Fintech News

FormFree Integration with OpenClose Enhances Lending Experience with the Ease and Speed of Borrower-permissioned Data Verification

Fintech News Desk
by Fintech News Desk0
Founder and CEO Brent Chandler announced the availability of its AccountChek® financial data verification service within OpenClose®, the leading fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders. The integration embeds AccountChek into OpenClose’s ConsumerAssist™ Enterprise POS and LenderAssist™ LOS, giving borrowers the freedom to electronically permission verification......
Button Finance Raises $2 Million Seed Round
Mortgage News

Button Finance Raises $2 Million Seed Round

Fintech News Desk
by Fintech News Desk0
Button Finance, Inc., a fintech mortgage lender focused on home equity, announced that it has closed a $2 million seed raise. The capital will allow Button Finance to hire talent and to develop its proprietary technology further. Entities advised by Hildene Capital Management, LLC (“Hildene”), participated in the seed funding......
Low-to-Moderate Income Consumers Present $300 Billion Growth Opportunity for the Mortgage Industry
Fintech Mortgage News

Low-to-Moderate Income Consumers Present $300 Billion Growth Opportunity for the Mortgage Industry

Fintech News Desk
by Fintech News Desk0
New TransUnion study analyzes the creditworthiness of this consumer segment and how lenders can grow market share and revenue  Low-to-moderate income (LMI) consumers have traditionally been overlooked in the mortgage market and trail non-LMI consumers in terms of homeownership. A new study from TransUnion suggests closing this gap could yield mortgage......
Lender Price Receives Strategic Investment Led by Argentum to Support Rapid Growth
Investments Mortgage News

Lender Price Receives Strategic Investment Led by Argentum to Support Rapid Growth

Fintech News Desk
by Fintech News Desk0
Platform processes over $20 billion in monthly locked loan volumes, helping mortgage lenders close more loans and optimize pricing Lender Price, a leading provider of cloud-based mortgage pricing and digital lending solutions, announced that it has received a strategic investment led by Argentum with participation from First Analysis and existing......
18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers
Fintech News

18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers

Fintech News Desk
by Fintech News Desk0
TransUnion study finds that credit risk often changed based on when consumers exited hardship programs Despite financial challenges brought forth by the COVID-19 pandemic, a new study from TransUnion found that 18.7 million U.S. consumers that entered a financial hardship program experienced an increase to their VantageScore 4.0 credit risk scores......
Meet the Fintech That's Challenging the Real Estate Industry Status Quo
Mortgage News

Meet the Fintech That’s Challenging the Real Estate Industry Status Quo

Fintech News Desk
by Fintech News Desk0
 IntroLend, the first-of-its-kind, broker-owned digital lending platform, is challenging and transforming the housing industry. This breakthrough mortgage model and technology enables brokers and agents to unite home buying and finance under one trusted roof. IntroLend Agent Mobile App IntroLend is installed inside a successful real estate brokerage and allows agents......
Opy USA and Cross River Announce Groundbreaking Partnership Including New BNPL Credit Program
Fintech News

Opy USA and Cross River Announce Groundbreaking Partnership Including New BNPL Credit Program

Fintech News Desk
by Fintech News Desk0
Cross River To Power Openpay’s US Expansion ‘Buy now, Pay smarter.’ company, Opy USA, Inc., (Opy), and its parent company Openpay Pty Ltd, have strategically partnered with Cross River Bank (“Cross River”) a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, to offer Opy’s differentiated next-generation “Buy Now, Pay Smarter”......
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