Search Results for: mortgage loan

Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
News Risk Management

FHFA Selects RiskSpan’s Cloud Platform to Analyze Agency MBS

Fintech News Desk
by Fintech News Desk0
Mortgage Investors to Easily Analyze, Report on, and Link Datasets to Generate More Insights in Less Time at Lower Cost RiskSpan, a market leader in analyzing and managing data for mortgage and structured products, announced today that the Federal Housing Finance Agency (FHFA) has selected its cloud platform, Edge, to......
Banking Blockchain Featured Fintech Fintech Startups

Global Fintech Start-ups and Unicorns Using Blockchain to Redefine the Segment

Fintech News Desk
by Fintech News Desk0
The people in the financial industry who have invested in blockchain development are going to reap a few benefits in the coming years. As more and more users adapt to this new economy, the effects will be larger and more significant. People today want to know all the details of......
Business News

Indecomm Releases BotGenius™

Fintech News Desk
by Fintech News Desk0
Indecomm Global Services, a leading provider of automation, outsourcing, and compliance services and technology for the US mortgage industry, announced the release of BotGenius™,  a collection of software robots that are pre-programmed to emulate human computer interaction functions for specific standardized processes, tasks, and workflows in the mortgage industry. Read......
FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager
Fintech News

FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager

Fintech News Desk
by Fintech News Desk0
FormFree has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades’ experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree’s flagship products, AccountChek® and AccountChek Plus™. Read More: GIACT Donates......
Blockchain Fintech News

Home Point to Offer Digital HELOC Through Figure

Fintech News Desk
by Fintech News Desk0
Home Point Is the Second Top 25 Mortgage Lender to Begin Originating Digital HELOCs on Provenance Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced that another of the nation’s top mortgage lenders and servicers, Home Point Financial, is now offering a......
Banking Economy Fintech News

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State. Initiated by New York Governor Andrew Cuomo, NYFLF is aimed at helping small businesses, nonprofits, and small landlords as they......
Banking Fintech Guest Posts

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......
Nexsys Technologies and Farmers Insurance® Join to Digitize the Verification of Homeowners Insurance
Fintech News

Nexsys Technologies Partners with Lemonade to Simplify Homeowners Insurance Verification Process

Fintech News Desk
by Fintech News Desk0
Clear HOI platform streamlines verification for insurers and mortgage lenders alike Nexsys Technologies, a FinTech company that provides a suite of essential tech solutions for mortgage origination and closing, has partnered with insurance company Lemonade to simplify the homeowners insurance verification process. Using Clear HOI, Nexsys users will be able to leverage a......
Artificial Intelligence Fintech News

Amid COVID, Lenders Turn to SpaceQuant AI Tech to Get Real-Time Data on Commercial Real Estate Performance

Fintech News Desk
by Fintech News Desk0
The commercial real estate industry has been particularly impacted by the COVID-19 pandemic currently wreaking havoc on the U.S. economy. Tenants are seeking rent reductions or may have even stopped paying rent altogether, while borrowers are requesting loan modifications or forbearances. Meanwhile, lenders and investors are demanding prompt property and......
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