Tagged: mortgage

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

Regions Bank Announces Partnership With Fintech Mortgage & Consumer Digital Lending Tech Platform Lender Price

Regions Bank announced on Thursday it has invested in and formed a partnership with fintech mortgage and consumer digital lending technology platform provider, Lender Price. According to the bank, the duo will focus on streamlining Regions’ digital process and simplify interaction between banks, borrowers, and… Read More

Overfunding: Buy-to-Let Broker Property Master Surpasses £250,000 Funding Target on Seedrs

Property Master, a UK-based digital buy-to-let broker, has successfully secured its initial £250,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative has attracted nearly 150 investors since its launch in January. As previously reported, Property Master was founded in 2016 and states that its… Read More

Mortgage Transaction Tech Provider Roostify Announces Integration With LendingTree

Roostify, a California-based provider of automated mortgage transaction technology, announced on Thursday it has integrated with real estate marketplace lending platform LendingTree (NASDAQ: TREE). According to Roostify, the new integration makes it easier for consumers to locate and apply with the right lender. Roostify also reported… Read More

Digital Buy-to-Let Broker Property Master Now Looking to Raise £250,000 on Seedrs

Property Master, a UK-based digital buy-to-let broker, has launched an equity crowdfunding campaign on Seedrs. The company is looking to raise £250,000 through the funding round. Founded in 2016, Property Master states its fintech program enables real-time access to every deal from every lender so that… Read More

Mortgage Marketplace Lender LendingHome Surpasses $2 Billion in Loan Originations

On Monday, mortgage marketplace lender LendingHome announced it has originated more than $2 billion in mortgage loans for homeowners and real estate investors. The online lender revealed that the first billion of originations occurred over the course of 30 months, while it took just 12 months for the… Read More

Landbay Set to Offer Up to 25-Year Mortgage Terms Starting January 2018

Last week, peer-to-peer lender Landbay announced it will be offering up to 25-year mortgage terms starting in January 2018. The lending platform revealed in a blog post: “After listening to feedback from our network of specialist broker partners, and in light of our own industry knowledge… Read More

Fannie Mae Introduces New Tech Solutions to Lower Costs & Shorten Mortgage Processes

Online lender Fannie Mae announced on Monday the launch of its new single source validation, new API platform, and servicing marketplace for servicing transfers. The solutions on build on the company’s Day1Centainty and were created the website’s mortgage process. While sharing details about the new solutions, Timothy… Read More

Fintech Firm eOriginal Teams Up With Quicken Loans For New Online Mortgage Process

Fintech firm eOriginal announced on Tuesday it has formed a partnership with mortgage giant Quicken Loans to complete the final steps of its new online mortgage process to create an electronic note, and securely store as an authoritative copy with delivery to both custodians and… Read More

Lendy: Londoners Borrowed £17B in New Mortgages in 2016, Wimbledon & Wandsworth Top Borrowers

Londoners borrowed another £17 billion in new mortgages last year as the affluent southwest London neighbourhoods of Wimbledon and Wandsworth topped the borrowing league table and and 17 of the top 20 areas for new mortgage lending last year are in London, reported European P2P lending platform Lendy. “Lenders… Read More

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