Search Results for: loan programs

Splash Financial Partners With FairPlay to Ensure the Fairness of Its Student and Personal Loans
Lending News

Splash Financial Partners With FairPlay to Ensure the Fairness of Its Student and Personal Loans

Fintech News Desk
With its mission to “make people more powerful than their debt,” Splash’s proprietary risk modeling will now incorporate FairPlay’s Fairness-as-a-Service Solutions FairPlay, the world’s first Fairness-as-a-Service company, is announcing a new customer relationship with Splash Financial, the online lending platform that democratizes access to loan offers. As a new customer,......
LoanPro and MX Announce Partnership to Deliver Enhanced Financial Data for Loan Management Solutions
Lending News

LoanPro and MX Announce Partnership to Deliver Enhanced Financial Data for Loan Management Solutions

Fintech News Desk
Partnership integrates LoanPro’s Loan Management Platform with MX data cleansing, categorization, and classification to deliver next-gen credit and rewards programs LoanPro, a modern loan servicing core platform, announced, a partnership with MX, an open finance leader, to deliver enriched financial data using MX’s Data Engine into LoanPro’s loan management platform.......
Bank of America Introduces Community Affordable Loan Solution to Expand Homeownership Opportunities in Black/African American
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Bank of America Introduces Community Affordable Loan Solution to Expand Homeownership Opportunities in Black/African American

Fintech News Desk
Zero down payment, zero closing cost mortgage advances efforts to broaden access to homeownership and adds to its existing $15 billion Community Homeownership Commitment   Bank of America announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African......
Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability
Banking Finance News

Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability

Fintech News Desk
The relationship will support commercial real estate financing for new construction tied to ESG principles. Partners announce first ESG loan closing for Net Zero Energy, multifamily project in Geneva, NY. Valley National Bank announced a new partnership with The Community Preservation Corporation (CPC) to fund up to $100 million in permanent loans that......
Federal Home Loan Bank of Chicago Supports Small Businesses Through New Community First Accelerate Grants and Increased Investment in 0% Advances
Banking News

Federal Home Loan Bank of Chicago Supports Small Businesses Through New Community First Accelerate Grants and Increased Investment in 0% Advances

Fintech News Desk
The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced two programs focused on supporting small business in Illinois and Wisconsin. The new Community First Accelerate Grants for Small Business and Community Small Business Advance recognize that local businesses drive growth and economic investment in rural, urban, and small town communities. In 2022,......
Amalgamated Bank Announces $15 million Loan for Decarbonization and Climate Resilience Initiatives
Banking News

Amalgamated Bank Announces $15 million Loan for Decarbonization and Climate Resilience Initiatives

Fintech News Desk
Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. and a mission-driven, full-service commercial bank that empowers organizations and individuals to advance positive social and environmental change, announced a $15 million loan to Inclusive Prosperity Capital, Inc. (IPC), a clean energy finance 501(c)3 platform, making new capital available to fund climate......
CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot
Compliance management Consumer protection laws Featured Insights

CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot

Fintech Staff Writer
Today the Consumer Financial Protection Bureau (CFPB) took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from student borrowers’ bank accounts, without authorization. The CFPB alleges that Frank Gebase, Jr. controlled a company that took the borrowers’ money after obtaining......
Buckle Upsizes Term Loan to Support Continued Growth of Its Insurance Platform
Economy InsurTech News

Buckle Upsizes Term Loan to Support Continued Growth of Its Insurance Platform

Fintech News Desk
Company also renews all reinsurance panels and launches gig product in additional states to aid ongoing growth Buckle, a digital financial services company for the gig economy, has completed a $15 million upsizing of its term loan with participation from Siguler Guff & Company, LP along with existing lender Hudson Structured Capital......
Chipper Raises $5.6 Million to Eliminate Student Loan Debt and Combat the Latinx Funding Gap
debt collection News

Chipper Raises $5.6 Million to Eliminate Student Loan Debt and Combat the Latinx Funding Gap

Fintech News Desk
The Student Loan App’s Seed Round Commits to the Cap Table Coalition Pledge and Allocates 25% to Underrepresented Investors Chipper, the app working to empower student loan borrowers to chip away at their debt faster, announced it has received a $5.6 million seed investment. The round was led by Freestyle......
CU Direct Connect Changes Name to Origence Lending Services, Experiences 105% Growth in Credit Union Funded Loans in 2021
Lending News

CU Direct Connect Changes Name to Origence Lending Services, Experiences 105% Growth in Credit Union Funded Loans in 2021

Fintech News Desk
CU Direct Connect, an industry leader in lending operations support solutions, announced it has changed its name to Origence Lending Services, a CU Direct brand. The new name reflects the evolution of the company, while also more closely aligning its products and services with the Origence brand, providing Origence a more......
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