Tag : Mortgage

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
by PR Newswire0
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
by Business Wire0
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
by PR Newswire0
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
by PR Newswire0
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 PR Newswire0
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......
New Survey Finds Significant Lack of Understanding of Mortgage Escrow Accounts and Raises Concerns Over Expected Increases
Mortgage News

New Survey Finds Significant Lack of Understanding of Mortgage Escrow Accounts and Raises Concerns Over Expected Increases

PR Newswire
by PR Newswire0
Nearly half of respondents say they don’t understand how Escrow accounts work and would be unable to pay if their monthly mortgage payment increased by 25% due to rising taxes and insurance rates. A new survey from LERETA, a leading national provider of real estate tax and flood services for mortgage......
Mortgage Rate Optimism Hits Survey High
Mortgage News

Mortgage Rate Optimism Hits Survey High

PR Newswire
by PR Newswire0
Consumer sentiment toward housing at highest level in nearly two years. The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 3.5 points in January to 70.7, its highest level since March 2022, due primarily to increased consumer confidence in job security and another significant jump in the share of consumers expecting mortgage......
A Startling 85% of Homebuyers in Texas Overpay for Their Mortgage Rate
Lending Mortgage News

A Startling 85% of Homebuyers in Texas Overpay for Their Mortgage Rate

PR Newswire
by PR Newswire0
Competitive Home Lending is committed to increasing awareness that could save the average homebuyer thousands of dollars on their home loan. The top ten mortgage lenders make up over 47% of the market share. Aside from excellent customer service and great mortgage loan programs, these leading companies extend lower wholesale......
INB Now Offering $6,000 in Downpayment Assistance for Homebuyers
Mortgage News

INB Now Offering $6,000 in Downpayment Assistance for Homebuyers

PR Newswire
by PR Newswire0
INB, N.A. mortgage lenders can provide Illinois homebuyers with up to $6,000 to help them purchase a new home. The program, IHDAccess Forgivable, assists borrowers who qualify for a loan, but may not have enough funds to cover downpayment and closing costs due to student loans or other burdens. Administered by the Illinois......
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 Newswire0
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......
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