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5 Things You Need to Know about the LIBOR Transition

Bruce Orcutt
by Bruce Orcutt0
LIBOR has often been regarded as the world’s most important number. It’s one of the most widely utilized interest rates in the world used for tens of millions of financial contracts worth more than USD 300 trillion globally. Its cessation December 31, 2021 will alter financial markets around the globe......
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P2P Lending Apps that help Streamline Borrowing Needs

Tanika Mehrotra
by Tanika Mehrotra0
Peer to Peer lending apps enables the lending of money through an online platform that easily connects prospective borrowers with prospective lenders. P2P lending is emerging as a popular option in the financial marketplace because of the lower interest rates and reduced operating costs. These platforms cater to personal as......
Fintech News

June Ellie Mae Origination Insight Report Data Shows Purchase Market Rebounding As Interest Rates Continue To Decline

Fintech News Desk
by Fintech News Desk0
Interest rates on all closed loans continued to decline in June to 3.40 percent, down from 3.43 percent in May, according to the latest Origination Insight Report from Ellie Mae®, the leading cloud-based loan origination platform provider for the mortgage industry. The 30-year rate on conventional loans fell again, dropping to 3.42 percent,......
Boston National Title to Use Black Knight's Expedite Suite of eSign and Document Fulfillment Solutions
Fintech News

Boston National Title to Use Black Knight’s Expedite Suite of eSign and Document Fulfillment Solutions

Fintech News Desk
by Fintech News Desk0
Black Knight, a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced that Boston National Title will use Black Knight’s Expedite suite of innovative, web-based electronic signature and document fulfillment capabilities to enhance the title services company’s digital title and settlement experience. Expedite features......
Hyland Releases PII Compliance Solution
Fintech News

Hyland Releases PII Compliance Solution

Fintech News Desk
by Fintech News Desk0
Hyland, a leading content services provider for global organizations, launched a PII Compliance Solution. Using intelligent document redaction functionality the solution automates redaction processes to save financial institutions time, preserve accuracy and improve compliance with ever changing mortgage regulations and redaction requirements. Read More: Bank of Montreal, Motley Fool, Pernod Ricard......
Merchants Capital Launches Clik.ai to Automate Loan Servicing Operations
Artificial Intelligence Banking Fintech News

Merchants Capital Launches Clik.ai to Automate Loan Servicing Operations

Fintech News Desk
by Fintech News Desk0
Clik.ai, a fastest growing automated underwriting platform that helps brokers and lenders underwrite faster, announced it has entered an agreement with Merchants Capital, a top nationwide mortgage banking company with expertise in multifamily, affordable, senior and student housing finance, to implement Clik.ai’s AI-driven workflow automation engine into Merchants’ loan servicing......
Ellie Mae Announces Launch Of Ellie Mae AIQ Credit Analyzer
Fintech News

Purchase Activity Rises as Interest Rates Reach All Time Lows, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
Interest rates declined from April to May, resulting in millennials securing the lowest average interest rate on 30-year loans since Ellie Mae began tracking the data in January 2016. Low rates corresponding with the peak homebuying season led to a month-over-month increase in purchase share – the percentage of all loans......
DataVerify Platform a Critical Channel in Delivering Innovis Credit Reports to Assist in Forbearance Identification
Fintech News Risk Management

DataVerify Platform a Critical Channel in Delivering Innovis Credit Reports to Assist in Forbearance Identification

Fintech News Desk
by Fintech News Desk0
DataVerify, a leading provider of workflow solutions, data verification, and risk mitigation services to the mortgage industry, announced it has coordinated with affiliate Factual Data to make Innovis credit reports accessible through their DRIVE workflow platform free of charge through the end of the year. Read More: SIMON Markets LLC......
Docutech Completes More Than 100,000 eClosings
Fintech News

Docutech Completes More Than 100,000 eClosings

Fintech News Desk
by Fintech News Desk0
Docutech, the leading provider of document, eSign, eClose and digital to print fulfillment technology and a member of the First American family of companies, announced that lenders have electronically closed more than 100,000 mortgages using their Solex™ eClosing platform. Solex eClosing is an end-to-end integrated eClosing solution that enables each......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Fintech InsurTech News

Miniter Group Schedules “Challenging the Force-Placed Insurance Business Model” Webinar

Fintech News Desk
by Fintech News Desk0
Miniter Group  announces a July webinar to complete the six-part blog series “Challenging the Force-Placed Insurance Model.” The webinar will focus on a new business model where lenders will reduce operational expenses associated with insurance tracking. At the same time, the insurance trackers’ revenue stream will stabilize and not be......
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