Tag : Mortgage

Groves Capital Announces Big Expansion into Commercial Markets, Both Domestically and Internationally
Investment Services News

Groves Capital Announces Big Expansion into Commercial Markets, Both Domestically and Internationally

PR Newswire
With international expansion in mind, the business is targeting promising regions and countries ripe with lucrative investment prospects. In the fast-paced realm of financial services, adaptability is the name of the game for sustained success. Recognized as a beacon of reliability and trust in lending, Groves Capital is making headlines......
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
Banking News

Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives

PR Newswire
The new management structure streamlines the organization and eliminates management layers to expedite decision-making, enhance accountability, and further a laser-focused approach to client relationships. Cadence Bank announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company’s success,......
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......
Citizens Trust Bank Launches a Down Payment Assistance Grant Offering $2,000 Towards Closing Costs, Opening Homeownership to More Borrowers
Digital Payments News

Citizens Trust Bank Launches a Down Payment Assistance Grant Offering $2,000 Towards Closing Costs, Opening Homeownership to More Borrowers

PR Newswire
This funding will be used to help households with a maximum of $2,000 grant contribution at the residential mortgage loan closing. Citizens Trust Bank Residential Mortgage Division announced its Down Payment Assistance Grant Program to allow eligible homebuyers to overcome the financial barrier of making a substantial down payment when......
Ocrolus to Expand Offering with Representation and Warranty Coverage
Mortgage News

Ocrolus to Expand Offering with Representation and Warranty Coverage

Fintech News Desk
Ocrolus’ mortgage product suite can be incorporated into lenders’ existing workflow with ease through the Ocrolus dashboard, an API connection, or integrating natively with Encompass by ICE Mortgage Technology. Many lenders have turned to Ocrolus, a firm in AI-driven document automation and analysis, to help them automate previously manual processes......
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......
Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills
Finance Fintech News

Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills

Business Wire
The report found that the average U.S. household spends $25,513 per year, or 34% of income on the ten most essential household bills, and also breaks out the household spending market size for each of these bill categories, percentage of households that pay each bill, and average monthly and annual......
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......
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