Search Results for: loan portfolio

Mill City Loans Established as Mortgage Conduit for Funds Managed by CarVal Investors
Mortgage News

Mill City Loans Established as Mortgage Conduit for Funds Managed by CarVal Investors

Fintech News Desk
by Fintech News Desk0
CarVal Investors, a global alternative investment manager, announced that funds managed by CarVal have established Mill City Loans, a mortgage conduit with a focus on building lasting relationships with originator partners in the acquisition of residential mortgage assets across multiple strategies. Mill City Loans is strategically focused on liquidity, technology,......
PHH Mortgage Honored by Freddie Mac for Superior Loan Servicing
Mortgage News

PHH Mortgage Honored by Freddie Mac for Superior Loan Servicing

Fintech News Desk
by Fintech News Desk0
Recognized as the Top Performer Among Top Tier Servicing Group PHH Mortgage, a subsidiary of Ocwen Financial Corporation and a leading non-bank mortgage servicer and originator, announced the Company was honored with a 2021 Freddie Mac Servicer Honors and Rewards Program (SHARP) Award. PHH won the Gold Award for Group 1, which......
Great Southern Bank Opens New Commercial Loan Production Office in Phoenix, Arizona
Lending News

Great Southern Bank Opens New Commercial Loan Production Office in Phoenix, Arizona

Fintech News Desk
by Fintech News Desk0
Phoenix Banking Veteran Justin Lutz Hired as Market Manager Great Southern Bank announced that it has opened a new loan production office (LPO) in Phoenix, Arizona, which represents the seventh LPO in the Company’s franchise. Justin Lutz, a Phoenix banking veteran, has been hired as market manager and is responsible......
River City Capital Announces New Leadership, New Flexible Loan Options
Capital Markets News

River City Capital Announces New Leadership, New Flexible Loan Options

Fintech News Desk
by Fintech News Desk0
Memphis black-owned businesses get new opportunities When River City Capital Investment Corp. welcomed its new President, Ron Brooks, Jr. late last year, the organization bolstered its status as Memphis’s leading source for small business capital and the region’s only home-grown CDFI. Latest Fintech Insights: Allumia Closes Series A2 Financing To Advance Energy Efficiency-as-a-Service Technology Platform......
TIAA Bank Announces Record Year In Commercial Real Estate Loan Originations
Banking Fintech News

TIAA Bank Announces Record Year In Commercial Real Estate Loan Originations

Fintech News Desk
by Fintech News Desk0
Much of the growth stems from customized financing solutions for multifamily, industrial, self-storage and retail sectors Commercial real estate realized an 83% overall increase in loan originations, which included refinancing and acquisitions – activity expected to continue in 2022 TIAA Bank announced that its Commercial Real Estate (CRE) business enjoyed......
Iraq’s Fintech Pioneer ZainCash Taps Temenos Banking Software to Expand Cashless Transactions Portfolio
Banking Fintech News

Iraq’s Fintech Pioneer ZainCash Taps Temenos Banking Software to Expand Cashless Transactions Portfolio

Fintech News Desk
by Fintech News Desk0
ZainCash Iraq adopts Temenos platform to fuel payment and digital services innovation and growth ZainCash Iraq, the leading digital wallet in Iraq, has chosen Temenos to power the rapid growth and innovation of its digital payment service. Adopting the Temenos platform for core processing and payments, enables ZainCash to swiftly......
LendKey’s Loan Sale Platform - ALIRO - Expands Loan Sale Capabilities
Lending News

LendKey’s Loan Sale Platform – ALIRO – Expands Loan Sale Capabilities

Fintech News Desk
by Fintech News Desk0
LendKey, a leader in managing digital lending networks for credit unions and banks, announced that it has expanded the capabilities of ALIRO, its platform that allows for the sale and purchase of loans. Launched last February, ALIRO’s loan participation programs enable financial institutions to buy and sell loan participations, more......
The Bank of Åland Will Transfer Most of Its Swedish Mortgage Portfolio to Borgo AB
Banking Mortgage News

The Bank of Åland Will Transfer Most of Its Swedish Mortgage Portfolio to Borgo AB

Fintech News Desk
by Fintech News Desk0
On January 20, 2022, the Board of Directors of the Bank of Åland (Ålandsbanken) decided to carry out the transfer of most of the Bank’s Swedish mortgage portfolio and previously issued Swedish covered bonds to the Swedish company Borgo AB. This transaction is subject to approval by the Financial Supervisory......
Lument Provides $25.1 Million in Fannie Mae Financing for Portfolio of Colorado Affordable Communities
Finance

Lument Provides $25.1 Million in Fannie Mae Financing for Portfolio of Colorado Affordable Communities

Fintech News Desk
by Fintech News Desk0
Lument has announced the closing of five Fannie Mae conventional multifamily housing loans totaling $25.1 million to refinance five affordable housing communities within the Denver and Colorado Springs metropolitan areas. Lument Managing Director Andrew Ellis led the transactions. Latest Fintech Insights: Payments and DeFi-centric Blockchain, Fuse Network, Announces Major Integration with Sushi The properties—known collectively as the Archway Portfolio—are......
Collectius Strengthens Position as Debt Management Fintech Leader in Asia With 100% Increase in AUM and Over 50% Growth in Portfolio, Revenue and Customer Volume
Fintech News

Collectius Strengthens Position as Debt Management Fintech Leader in Asia With 100% Increase in AUM and Over 50% Growth in Portfolio, Revenue and Customer Volume

Fintech News Desk
by Fintech News Desk0
Collectius doubled its assets under management (AUM) at US$5 billion, up from US$2.5 billion in the previous year. The debt management fintech leader also saw a 53% growth in portfolio volume with the acquisition of 19 NPL portfolios in 2021, along with a revenue growth of 53% and a 56%......
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