Search Results for: loans

Credit Union of Southern California Introduces Interest Only Adjustable-Rate Mortgage Loans
Mortgage News

Credit Union of Southern California Introduces Interest Only Adjustable-Rate Mortgage Loans

Fintech News Desk
by Fintech News Desk0
Five- and Seven-Year Loan Options Available In an effort to better serve the homebuying needs of Members, Credit Union of Southern California (CU SoCal) has expanded its mortgage solution options to include interest only adjustable-rate mortgage loans. Available in five- and seven-year terms, the new interest only ARMs from CU SoCal are available as......
Scratch Token in Limited Launch, Powering Standardized NFT Valuations and Loans
DeFi News

Scratch Token in Limited Launch, Powering Standardized NFT Valuations and Loans

Fintech News Desk
by Fintech News Desk0
Scratch, the decentralized finance company, has completed its Simple Agreement for Future Tokens (SAFT) allowing investors to be stakeholders in its non-fungible token (NFT) financial services with the limited launch of the Scratch Token Scratch — the NFT research, assessment, and loan company — is officially launching the Scratch Token......
Banks and Credit Unions Lose Scale on Loans as Fintechs Grow
Banking Fintech News

Banks and Credit Unions Lose Scale on Loans as Fintechs Grow

Fintech News Desk
by Fintech News Desk0
New research from Mercator Advisory Group explores current trends and opportunities in installment lending for fintechs and financial institutions Mercator Advisory Group released a report on trends in installment lending titled Installment Lending: Fintechs Gaining Ground on Loans Forecast at $212 Billion. The research explains the state of consumer installment lending......
LoanSnap Taps Advantage Systems to Automate Accounting Workflows
Mortgage News

LoanSnap Taps Advantage Systems to Automate Accounting Workflows; Fully Implemented Within 60 Days

Fintech News Desk
by Fintech News Desk0
Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced that California-based LoanSnap Inc. has selected and successfully implemented its mortgage accounting automation solution, Accounting for Mortgage Bankers (AMB), including the AMB Sierra dashboard and reporting capabilities for both branch users and executives. “As an innovative, modern......
MPOWER Financing Expands Leadership Team to Meet Rising Demand for International Student Loans
B2B Fintech News

MPOWER Financing Expands Leadership Team to Meet Rising Demand for International Student Loans

Fintech News Desk
by Fintech News Desk0
Gabriel Bustamante Joins the Innovative Student Loan Provider as Executive Vice President MPOWER Financing, a mission-driven fintech firm and the leading provider of education loans to promising international and DACA students, is pleased to welcome Gabriel “Gab” Bustamante to the team as Executive Vice President. “During my career, I have had the......
SmartBank Selects nCino to Increase Speed and Simplify Commercial Loans
Banking Cloud News

SmartBank Selects nCino to Increase Speed and Simplify Commercial Loans

Fintech News Desk
by Fintech News Desk0
Community bank chooses nCino’s robust, single platform to best serve its community nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that $4 billion-asset sized SmartBank, a subsidiary of SmartFinancial, Inc. is moving to the nCino Bank Operating System. SmartBank will utilize......
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
by Fintech News Desk0
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......
TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans
debt collection Digital Payments News

TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans

Fintech News Desk
by Fintech News Desk0
New solution suite will help people using BNPL loans get credit for their payments today and establish credit long-term Up to 100 million U.S. adults* have used buy now pay later (BNPL) loans at least once in the past 12 months, but financial institutions currently do not have access to......
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,......
Symphony Partners With Digital Asset to Tackle Inefficiencies in the Syndicated Loans Market
Digital Asset Management News

Symphony Partners With Digital Asset to Tackle Inefficiencies in the Syndicated Loans Market

Fintech News Desk
by Fintech News Desk0
Symphony – the leading markets’ infrastructure and technology platform – is partnering with Digital Asset – a software and services provider that helps enterprises build economic value through interconnected networks – to generate efficiency and remove manual processes in the broadly syndicated loans (BSL) market. Symphony and Digital Asset will create straight through processing......
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