Search Results for: mortgage technology

First-Time-Buyers-Must-Make-$76,000-to-Afford-the-Typical-U.S.-Starter-Home–Up-8%-From-a-Year-Ago
Finance Fintech News

First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago

Business Wire
The income necessary to buy starter homes is increasing from a year ago due to rising prices and mortgage rates: The typical starter home sold for $240,000 in February, up 3.4% year over year, and the average 30-year fixed mortgage rate was 6.78%, up from 6.26% a year earlier. Homebuyers......
Unisource Joint Ventures Acquires MFI Data, Launches Unisource Credit
Mortgage News

Unisource Joint Ventures Acquires MFI Data, Launches Unisource Credit

PR Newswire
With the acquisition of MFI Data, Unisource can pair MFI’s credit reporting services with the extensive offering of title and escrow services of Unisource National Lender Services for a comprehensive customer experience that reduces costs and increases loan production for lenders. Unisource Joint Ventures, the parent company of Unisource National......
Halcyon and Xactus Announce Strategic Partnership to Revolutionize Income Verification Process for Lenders
Fintech News

Halcyon and Xactus Announce Strategic Partnership to Revolutionize Income Verification Process for Lenders

PR Newswire
The partnership promises to save lenders millions in hard dollar costs while providing a superior digital data solution. Halcyon, a cutting-edge fintech provider of tax transcript solutions with GSE reps/warrants for both income verification and qualification announced its verifications are now available to Xactus lender customers. Shelley Leonard, President of Xactus, the leading verification......
Survey Reveals New Era of Financial Independence as Millennials Seek to Redefine Retirement
Finance Fintech News

Survey Reveals New Era of Financial Independence as Millennials Seek to Redefine Retirement

Fintech News Desk
The study, which marks a new understanding of retirement planning’s shifting paradigms, surveyed millennials nationwide, shedding light on the evolving attitudes and behaviors surrounding their retirement readiness, retirement confidence, and consumer debt.  A new survey commissioned by IRALOGIX, a retirement industry fintech provider, reveals how millennials are reshaping the retirement......
Stead's Blockchain-Powered Floating Cities of the Future
Blockchain News

Stead’s Blockchain-Powered Floating Cities of the Future

PR Newswire
The platform supports numerous types of floating infrastructure, like fishing and transport boats, fish cages, floating docks, and, most impressively, floating houses, hotel rooms, and restaurants. Stead is an Arbitrum-based DeFi platform that provides liquidity for small marine businesses, fishermen, and fish farmers, most of whom are unbanked or operating......
Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI
Lending Mortgage News

Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI

PR Newswire
The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimising errors for brokers. Finastra’s Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation......
Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers
Mortgage News

Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers

PR Newswire
By combining instant conditional loan approvals with hyper-personalised loan offers generated through the Ardley platform, Autopilot enables mortgage lenders and servicers to maximise deal opportunities in any rate environment while avoiding the typical sensitivity and scalability challenges associated with interest rate volatility. Ardley Technologies, a leading provider of mortgage technology......
KBRA Releases 12 Things in Credit: January 2024
Finance Fintech News

KBRA Releases 12 Things in Credit: January 2024

Business Wire
Among the wide-ranging topics Van has addressed over the past month are what rising credit card delinquencies signal, the anatomy of a soft landing, and the significance of nonbanks’ growing share of lending. 12 Things in Credit Hello, market participants! We started our weekly podcast, Van Hesser’s 3 Things in......
Financial Institutions Expected to Boost AI Investments for Customer Service in 2024, New Syntellis Report Finds
Artificial Intelligence Finance Fintech

Syntellis Released “2024 CFO Outlook for Financial Institutions”

Fintech News Desk
The report results provide insights on how institutions fared in 2023, as well as current and future industry challenges, trends, and priorities. According to a new survey report from Syntellis Performance Solutions, now part of Strata Decision Technology – 2024 CFO Outlook for Financial Institutions, The financial services industry has......
Redfin Reports Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years
Fintech News

Redfin Reports Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years

Business Wire
Homebuyers came out of the woodwork as mortgage rates posted the biggest monthly decline since 2008 Pending home sales rose 4.1% month over month in December on a seasonally adjusted basis–the biggest increase since September 2021–to the highest level in more than a year. That’s according to a new report from Redfin......
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