Tag : Mortgage

FormFree Taps Former ICE Finance Executive Patrick Rutherford as CFO to Fuel Next Stage in Company Growth
Finance Investment Services News

FormFree Taps Former ICE Finance Executive Patrick Rutherford as CFO to Fuel Next Stage in Company Growth

Fintech News Desk
by Fintech News Desk0
Rutherford brings more than 20 years of investment management experience to FormFree’s executive team FormFree announced that it has appointed Patrick Rutherford, former finance executive at Intercontinental Exchange, as chief financial officer (CFO). In his new role at FormFree, Rutherford will lead the organization’s finance, accounting and compliance functions. Prior to......
Mill City Loans Established as Mortgage Conduit for Funds Managed by CarVal Investors
Mortgage News

Mill City Loans Established as Mortgage Conduit for Funds Managed by CarVal Investors

Fintech News Desk
by Fintech News Desk0
CarVal Investors, a global alternative investment manager, announced that funds managed by CarVal have established Mill City Loans, a mortgage conduit with a focus on building lasting relationships with originator partners in the acquisition of residential mortgage assets across multiple strategies. Mill City Loans is strategically focused on liquidity, technology,......
Neat Capital Brings Mortgages Into the 21st Century with Its Release of Neatify
Mortgage News

Neat Capital Brings Mortgages Into the 21st Century with Its Release of Neatify

Fintech News Desk
by Fintech News Desk0
Neat Capital’s LOS algorithmically automates the antiquated mortgage process, bringing unparalleled efficiency, certainty, and clarity to the residential home financing journey Neat Capital, a Boulder-based FinTech company, announces the release of Neatify, the only modern mortgage origination platform built in the last decade. Neatify’s end-to-end technology platform includes: a cloud-based......
Churchill Mortgage Selects Candor Technology’s Loan Engineering System to Bolster Automation Capabilities
Mortgage News

Churchill Mortgage Selects Candor Technology’s Loan Engineering System to Bolster Automation Capabilities

Fintech News Desk
by Fintech News Desk0
Leading Lender Will Deploy Machine Underwriting Solution to Automate the Expert Scrutiny Required to Conduct Credit & Information Risk Analysis  Candor Technology announced it has signed its 60th client, Churchill Mortgage. Since its Loan Engineering System went into production in September 2020, Candor Technology has conducted more than 1.5M hands free underwrites for......
Central Minnesota Credit Union to Become Magnifi Financial
Credit Bureaus Finance News

Central Minnesota Credit Union to Become Magnifi Financial

Fintech News Desk
by Fintech News Desk0
Name and visual identity change reflects expanding business, customer focus Central Minnesota Credit Union (CMCU), a member-owned financial services cooperative, announced that it is changing its name to Magnifi Financial, effective March 1. As part of the transition, CMCU will unveil a new visual identity, including logo, signage, website and......
MIM Provides Financing for $625 Million Timberland Transaction
Mortgage News

MetLife Investment Management Provides Financing for $625 Million Timberland Transaction

Fintech News Desk
by Fintech News Desk0
Sustainably Managed Forests Provide Timber for Growing Housing Construction Market MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., announced that it has placed long-term, first mortgage loans secured by approximately 832,000 acres of timberland and timber across the Southeastern United States. The financing allows Tamarack Timberlands......
First Horizon Bank to Give Away $1 Million to Businesses
Banking Business News

First Horizon Bank to Give Away $1 Million to Businesses

Fintech News Desk
by Fintech News Desk0
First Horizon Corp. announced that it is giving away $1 million in total cash prizes through a Back to Business contest designed to recognize and celebrate resilient businesses in the Company’s regional footprint. “Local businesses remain the heart and soul of our communities,” says Anthony Restel, President of Regional Banking. “As we kick off a new......
People's United Bank Provides Mortgage Financing for Atlantis Management Group
Banking News

People’s United Bank Provides Mortgage Financing for Atlantis Management Group

Fintech News Desk
by Fintech News Desk0
People’s United Bank, N.A., announced that it served as Lead Arranger and Administrative agent for a credit facility for Atlantis Management Group, a Mt. Vernon, New York headquartered motor fuel distributor and owner and operator of a large network of gasoline service stations, quick serve restaurants and convenience store sites. The facility......
Mortgage Delinquency Falls to 3.8% in October, CoreLogic Reports
Mortgage News

Mortgage Delinquency Falls to 3.8% in October, CoreLogic Reports

Fintech News Desk
by Fintech News Desk0
The nation’s overall delinquency rate declined for 7th consecutive month to the lowest level since March 2020 CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released its monthly Loan Performance Insights Report for October 2021. “Improving economic security and the benefits of disciplined underwriting practices over the past decade......
CRE Veteran Wayne Potters Joins Lev as Managing Director to Launch First-of-its-Kind Digital CMBS Platform
Lending News

CRE Veteran Wayne Potters Joins Lev as Managing Director to Launch First-of-its-Kind Digital CMBS Platform

Fintech News Desk
by Fintech News Desk0
Potters, who built the CMBS business at SocGen, will offer invaluable guidance as Lev rewires the CRE lending experience for the better Lev, the commercial real estate (CRE) financing platform known for its online commercial mortgage origination API and digital loan closing technology, announced the hiring of Wayne Potters as Managing......
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