Search Results for: mortgage loan

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,......
Artificial Intelligence

More Than 50% of Debt Collection Agencies Thrived Under COVID-19

Fintech News Desk
by Fintech News Desk0
Over half the collection agencies surveyed not only thrived during the pandemic, but actually outperformed their pre-pandemic metrics in a nationwide survey conducted by Prodigal Technologies, Inc. Prodigal, a debt collection AI software company, surveyed accounts receivable management (ARM) agencies about the impact of the coronavirus pandemic on their collections......
Artificial Intelligence Business Fintech News

Tavant Introduces Digital Software Factory and Expands into New Business Lines

Fintech News Desk
by Fintech News Desk0
First half of 2020 sees Tavant fintech business expanding into banking, payments, and proptech  Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced key success milestones of its Fintech business achieved in the first half of 2020. While many companies were forced to scale back due to the......
Banking Business News

New doxoINSIGHTS Report: U.S. Households Pay $577 a Year in Hidden Bill Pay Costs

Fintech News Desk
by Fintech News Desk0
Latest doxoINSIGHTS data exposes the hidden bill pay costs that damage household financial health and amount to over $74B in annual consumer expenses doxo, the innovative web and mobile bill pay service, today released its newest doxoINSIGHTS statistical report: The Hidden Costs of Bill Pay. Each year U.S. households spend over......
Featured Fintech Fintech Funding Fintech Startups

European FinTech Unicorns to Watch Out For, and Why!

Fintech News Desk
by Fintech News Desk0
Europe has always been a financial powerhouse, and its stature in the global economy is affirmed by the fact that 12% of 421 unicorns globally are established in Europe. A large number of these unicorns are engaged in the Fintech Industry. European FinTech Unicorns are private technology companies that have......
Sapiens' Decision Management Platform Selected by Home Point Financial
Banking Fintech News

Sapiens’ Decision Management Platform Selected by Home Point Financial

Fintech News Desk
by Fintech News Desk0
Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced  that Home Point Financial, a multi-channel mortgage originator and servicer, has selected Sapiens Decision for Mortgage Banking as a strategic component of its mortgage platform. Read More: Entrust Datacard Solves Evolving......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Business Fintech News

NewRez Accelerates the Digital Transformation of its Lending Experience in Collaboration with Salesforce

Fintech News Desk
by Fintech News Desk0
NewRez LLC, a national mortgage lender and servicing organization, and Salesforce, the global leader in CRM, announced a strategic relationship focused on delivering a consistent, connected experience for borrowers and homeowners across NewRez’s mortgage lending and servicing business. In addition, Salesforce has selected NewRez as a new industry design advisor......
Consumer Money Check-ups with Three Free Webinars by Consolidated Credit
Fintech News

Consumer Money Check-ups with Three Free Webinars by Consolidated Credit

Fintech News Desk
by Fintech News Desk0
As consumers continue to face new challenges as a result of the coronavirus, Consolidated Credit will host a series of webinars over the next three months designed to help consumers plan and cope. The webinars start at 1:00 P.M. (EST) on the second Wednesday of each month; registration is now open to the public.......
Artificial Intelligence Banking Blockchain Featured Fintech

A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions

Fintech News Desk
by Fintech News Desk1
Mergers and acquisitions are a good way to leave behind the competition and make your way up the success ladder. A merger happens when two companies are combined to form a single new entity, while acquisition is an event when one business acquires another business under its umbrella, to strengthen......
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......
1