Tag : Mortgage

Union Home Mortgage Announces Details of Twin Cities Branch Ribbon Cutting
Mortgage News

Union Home Mortgage Announces Details of Twin Cities Branch Ribbon Cutting

PR Newswire
by PR Newswire043
The Plymouth location serves the bustling west metro region Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, announced the details of a ribbon cutting event in celebration of a partnership between its west Minneapolis branch and the local Wayzata Chamber of Commerce. The event will occur at 4pm on December 4th at the......
New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid
Mortgage News

New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid

GlobeNewswire
by GlobeNewswire084
FHLBank San Francisco and Urban Institute collaboration delves into evolving role of AI in mortgage finance industry, issues recommendations for pursuing equitable outcomes The Black-white homeownership gap is wider than it was in 1960, sitting at nearly 30 percentage points, and the rapid adoption of Artificial Intelligence (AI) puts the......
Bank of Canada Holds Rates Steady but More Needs to Be Done for Working People
Banking News

Bank of Canada Holds Rates Steady but More Needs to Be Done for Working People

GlobeNewswire
by GlobeNewswire096
Canada’s unions welcome Bank of Canada decision to hold interest rates steady but warned that although inflation might be slowing down, the affordability crisis is not. “Workers and their families are left waiting for the other shoe to drop every time the Bank of Canada makes a rate announcement,” said......
BSI Financial Services Chosen as Backup Asset Manager for First-Ever Rated Home Equity Agreement Securitization
Fintech News

BSI Financial Services Chosen as Backup Asset Manager for First-Ever Rated Home Equity Agreement Securitization

PR Newswire
by PR Newswire0108
Company joins Unlock Technologies for historic move in home equity investment space BSI Financial Services, a mortgage operating platform, has been selected by Unlock Technologies (Unlock) as the backup asset manager for the recently closed Unlock HEA Trust 2023-1 securitization, the industry’s first rated securitization of home equity agreements (HEAs). The $224 million securitization consists of......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0141
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
Central Bank Extends Sagent Software Partnership Six Years to Power Servicing at Scale
Fintech Mortgage News

Central Bank Extends Sagent Software Partnership Six Years to Power Servicing at Scale

Business Wire
by Business Wire0130
Deal enables leading community-first bank to offer real-time mortgage servicing and continue its legacy as an exemplar of customer care Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, announced a six-year partnership extension with The Central Trust Bank (”Central Bank”) to accelerate its rapid......
The Graystone Company Announces Completion of Acquisition of Direct Capital via Reverse Merger
Mortgage News

The Graystone Company Announces Completion of Acquisition of Direct Capital via Reverse Merger

GlobeNewswire
by GlobeNewswire0105
The Graystone Company is pleased to announce the successful completion of its acquisition of Direct Capital, a leading mortgage banker and broker, through a reverse merger transaction. The reverse merger transaction was finalized, resulting in a significant change of control within the company. Read More About Fintech Interview: Global Fintech Interview......
LC Financial Holdings Completes Acquisition of BCM Global
Banking Mortgage News

LC Financial Holdings Completes Acquisition of BCM Global

PR Newswire
by PR Newswire0108
LC Financial Holdings (LCFH) proudly announces the successful completion of the acquisition of BCM Global (BCM), marking the next step in its evolution as a technology-led credit specialist. This landmark acquisition cements LCFH’s stronghold in the management of consumer and SME loans, leases and mortgages across Europe. Established in 1998, LC......
Fathom Holdings Subsidiary, Encompass Lending Group, Expands Texas Operations
Lending News

Fathom Holdings Subsidiary, Encompass Lending Group, Expands Texas Operations

PR Newswire
by PR Newswire0107
Elite Financing Group Joins Encompass Lending Group to Strengthen Consumer Lending Footprint Across Texas Fathom Holdings Inc., a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings for brokerages and agents, announced that its subsidiary, Encompass Lending Group (“Encompass”), has expanded its operations in Texas through......
Urban Edge Properties Announces Successful Debt Refinancing at Las Catalinas Mall
Mortgage News

Urban Edge Properties Announces Successful Debt Refinancing at Las Catalinas Mall

Business Wire
by Business Wire0134
 Eliminates $44.5M of Debt through Exercise of Discounted Payoff Option on Prior Mortgage  Urban Edge Properties announced that it has completed the refinancing of its mortgage loan at Las Catalinas Mall in Caguas, Puerto Rico. The Company obtained a new ten-year $82 million mortgage provided by Banco Popular de Puerto......
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