Tag : mortgage loans

KBRA Releases Research – Trends in Home Improvement ABS
Fintech News

KBRA Releases Research – Trends in Home Improvement ABS

Business Wire
by Business Wire0
Historically low mortgage rates piled with high housing prices have offered a new avenue for Asset Backed securities. KBRA releases research analyzing new issue activity, loan characteristics, borrower attributes, and performance trends for the home improvement ABS segment of the unsecured consumer loan market. Many homeowners in today’s market are......
Ellington Financial and Great Ajax Announce Definitive Merger Agreement
Investment Services News

Ellington Financial and Great Ajax Announce Definitive Merger Agreement

Business Wire
by Business Wire0
Transaction Increases Scale and Enhances Access to Securitization Markets Ellington Financial Inc., a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Great Ajax Corp., a real estate investment trust that invests primarily in residential mortgage loans, announced that they have entered......
Newrez Expands Access to Affordable Home Financing Solutions with Freddie Mac BorrowSmart Access
Mortgage News

Newrez Expands Access to Affordable Home Financing Solutions with Freddie Mac BorrowSmart Access

Business Wire
by Business Wire0
Newrez LLC, a national mortgage lending and servicing organization, announced that it will offer Freddie Mac BorrowSmart Access, a mortgage program designed to assist first-time homebuyers by helping subsidize their closing costs and unlocking the dream of homeownership. “We’re thrilled to work with Freddie Mac to bring BorrowSmart Access to......
Sachem Capital Corp. Announces New Credit Facility
Mortgage News

Sachem Capital Corp. Announces New Credit Facility

PR Newswire
by PR Newswire0
Enhances Available Capital and Liquidity to Support Growth Sachem Capital Corp., a financing company that specializes in originating, underwriting, funding, servicing, and managing a portfolio of first mortgage loans, announced the Company has entered into a $45 million revolving line of credit with Needham Bank. Mr. John Warch, Sachem Capital’s......
Guaranteed Rate Bolsters Extensive Spanish-Language Mortgage Program for American Homebuyers Using TransPerfect's GlobalLink Technology
Mortgage News

Guaranteed Rate Bolsters Extensive Spanish-Language Mortgage Program for American Homebuyers Using TransPerfect’s GlobalLink Technology

Fintech News Desk
by Fintech News Desk0
TransPerfect, the world’s largest provider of language and technology solutions for global business, announced a major contract renewal for Guaranteed Rate. Building off Guaranteed Rate’s September 2022 launch leveraging TransPerfect’s GlobalLink platform, this collaboration will support Guaranteed Rate’s multi-channel communications campaign for Spanish-speaking consumers in the US. Guaranteed Rate specializes in providing easy,......
Banking News

Sunflower Bank Launches Bank On Financial Empowerment

Fintech News Desk
by Fintech News Desk0
Sunflower Bank announces that its new Achievement Checking Account was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021 – 2022). Being awarded the Cities for Financial Empowerment Fund’s Bank On National Account Standards Certification indicates that the Sunflower Bank......
Gateway Opens Mortgage Center in Shreveport
Mortgage News

Gateway Opens Mortgage Center in Shreveport

Fintech News Desk
by Fintech News Desk0
Gateway Mortgage, a division of Gateway First Bank, announced it has opened a mortgage center in Shreveport, Louisiana, to meet increased demand from local communities for home financing. This is the third Gateway mortgage center in Louisiana and brings the company’s footprint to more than 170 mortgage centers across the......
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......
NextPlay Technologies’ NextBank Selected to Provide Deposit Accounts and Payment Cards for Alphabit’s ABCC Cryptocurrency Exchange
Banking News

NextPlay Technologies Partners with TruCash Group of Companies to Launch Worldwide Payments Platform

Fintech News Desk
by Fintech News Desk0
NextPlay Technologies, Inc., announced that NextBank International, the international banking unit of its fintech division, has partnered with TruCash Group of Companies Inc., a leading global payments provider, to launch NextBank Payments, which will include (but not be limited to) Mobile Wallets, Mobile Payments, Credit cards, Debit Cards, and Prepaid products.  In addition, NextBank will have the opportunity to offer NextBank’s international banking services to TruCash’s......
NextBank International Expands Worldwide Payments Platform with New Fintech Partnership
Featured Mortgage News

NextBank International Expands Worldwide Payments Platform with New Fintech Partnership

Sudipto Ghosh
by Sudipto Ghosh0
NextBank International, the banking unit of NextPlay Technologies’ fintech division, is launching a global cross-border international digital payments platform. This international digital banking service would be offered to millions of account holders, courtesy NextBank International’s fintech partnership with TruCash Group of Companies. In an official press note, NextPlay’s fintech head......
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