Tagged: mortgage

Mogo Launches Bitcoin Cashback Mortgage

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Monday it has extended its Bitcoin cashback reward program to include MogoMortgage. Mogo reported that under the program its members who take out a new mortgage or refinance may earn up to $3,100 cashback deposited into… Read More

loanDepot Joins Forces With Home Builder Schell Brothers to Launch Henlopen Mortgage Venture

  loanDepot.com, LLC, a subsidiary of loanDepot, Inc. (NYSE:LDI”), a U.S.-based retail nonbank mortgage lender, announced on Tuesday it has teamed up with home builder Schell Brothers to launch a new venture, Henlopen Mortgage. The duo reported that through the venture, Schell Brothers will have… Read More

Fintech Blend Explains how its Digital Lending Platform Supports Data Connectivity so Borrowers can Connect to Asset, Payroll, Tax Accounts

San Francisco-based Blend, which claims to offer market-leading digital lending technology that makes the process of acquiring a loan simpler, faster, and safer, notes that in the increasingly competitive lending sector, it’s now more important than ever to work with technology that provides your clients… Read More

Real Estate Software Provider Propertybase Announces Acquisition of Mortgage Business Unify

  Propertybase, a U.S.-based real estate software provider, announced on Tuesday it has acquired Cross Media, LLC, producer of Unify, a full suite mortgage-specific business growth platform. According to Propertybase, Unify offers a “turnkey platform with the richest” set of tools to identify and concert… Read More

Tech-Enabled Mortgage Platform UpEquity Secures $25 Million Through Series A Funding Round Led By Next Coast Ventures

    UpEquity, a U.S.-based tech-enabled mortgage platform creating a better way to buy a home, announced on Thursday it raised $25 million through its Series A funding round, which was led by Next Coast Ventures. According to UpEquity, the funding consists of $7.5 million… Read More

UK Mortgage Fintech Perenna Secures $10 Million Through Seed Funding Round

  Perenna, a UK-based mortgage fintech startup, announced on Monday it secured $10 million through its Seed funding round, which included investments from Kevin Flaherty, the former head of structured products at Deutsche Bank, Tony Mallin MBE, managing partner of Star Capital. Founded in 2018,… Read More

Digital Mortgage Platform Stavvy Announces Integration With Encompass Digital Lending Platform

    Stavvy, a digital mortgage platform, announced this week its eSigning and eClose solutions are now available through ICE Mortgage Technology’s Encompass Digital Lending Platform. According to Stavvy, the integration allows lenders to access the solutions directly through Encompass’ platform to drive quality and efficiency… Read More

NatWest Acquires Metro Bank’s Mortgage Portfolio

  UK banking group NatWest announced on Monday it has entered into an agreement with Metro Bank to acquire a £3 billion portfolio of prime UK mortgages. According to NatWest, the portfolio consists of owner-occupied residential mortgages with a weighted average current loan to value of… Read More

U.S. Fintech Wemlo Introduces AI Tech For Mortgage Processing

Wemlo, a U.S.-based fintech that’s focused on mortgage loan processing, announced on Friday the launch of its new AI technology called Athena. According to Wemlo, Athena is a virtual assistant AI developed to empower and improve loan processing by identifying discrepancies within a mortgage loan… Read More

Virgin Money Makes Debut on Experian’s Pre-Qualification Platform

Multinational consumer credit reporting company Experian announced on Tuesday that Virgin Money has launched on its pre-qualification platform to help streamline the mortgage process. According to Experience, Virgin Money will put mortgage eligibility in the hands of homebuyers and intermediaries upon the platform with a… Read More

Dutch Fintech Ohpen Announces Acquisition of Cross-Border Loan & Mortgage SaaS Provider Davinci

Ohpen, an Amsterdam-based fintech, announced on Tuesday it has acquired cross-border loan and mortgage Software-as-a-Service (SaaS) provider, Davinci. Ohpen reported that the acquisition will allow it to address the $300 billion global bank IT spending market as it targets international expansion. “This acquisition is a testament… Read More

TSB Bank Debuts New Five-Year Fix & Flex Mortgage Product

UK-based challenger bank TSB recently announced the launch of its new five year Fix and Flex Mortgage product (0-80% LTV) to help homeowners, particularly in the wake of the COVID-19 pandemic. TSB reported that unlike most fixed deals,  the Fix and Flex mortgage offers the… Read More

Bee Mortgage App Extends RegCF Raise Through Crowdfunding Platform Fundopolis

Bee Mortgage App, a U.S.-based mortgage mobile app, announced on Thursday it has extended its RegCF raise on Fundopolis, a recently approved funding portal. Founded in 2019, Bee Mortgage App claims to be the first eMortgage mobile app powered by VLO, a virtual loan officer…. Read More

Digital Mortgage Servicing Platform Brace Secures $10 Million Through Series A Funding Round Led By Point72 Ventures

Brace, a U.S.-based digital mortgage-servicing platform, recently announced that it has raised an additional $10M in Series A funding led by Point72 Ventures. Founded in 2017, Brace states it provides technology solutions to “drive innovation” in the mortgage servicing industry. “Brace is developing a full… Read More

Hippo Insurance Announces New Partnership With National Mortgage Originator & Servicer Home Point Financial

Insurtech startup Hippo Insurance recently announced it has formed a new partnership with Home Point Financial, a national mortgage originator and servicer. Hippo reported that with its online application process integrated directly into the Home Point online mortgage platform, customers may now take advantage of… Read More

Better.com Completes Series C Round With $160 Million in Funding

U.S.-based homeownership platform Better.com announced on Monday it closed its Series C funding round at $160 million, bringing its total funding to $254 million in total. According to Better.com, Activant Capital, Ping An Global Voyager Fund, Ally Financial, Citi, AGNC, Healthcare of Ontario Pension Plan… Read More

Better.com Announces Expansion Into Five Additional Markets

Better.com announced on Thursday it has expanded into several new markets, including Montana, New Mexico, Rhode Island, Nebraska, and Wyoming. Backed by Ally, Citigroup, Goldman Sachs, American Express Ventures, Kleiner Perkins, Pine Brook and Healthcare of Ontario Pension Plan (HOOPP), Better.com describes itself as one… Read More

Ally Financial Teams Up With Better.com to Create End-to-End Digital Mortgage Experience

Ally Financial Inc. (NYSE: ALLY), a U.S.-based digital financial services company, announced on Thursday it has partnered with mortgage disruptor, Better.com, to create an end-to-end digital mortgage experience for consumers looking for a mortgage loan from the Ally platform.  Ally reported that in addition to… Read More

Tandem Reaches 250,000 Customers & Announces Mortgage Market Launch Plans

Just two months after surpassing 100,000 customers, UK-based challenger bank Tandem has successfully attracted 250,000 customers to its platform. Not only is the fintech celebrating the number of users, it is also reportedly planning to launch its very own mortgage market.  According to Financial Reporter, Tandem… Read More

Without Papers? Yes! LendInvest Partners with Onfido to Confirm Identity Online

Who are you? LendInvest, a UK marketplace platform for mortgages, and Onfido, an identity verification provider, have partnered to streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product to determine identity. In November 2017, LendInvest launched its first BTL product with a digital application process; the… Read More

Send this to a friend