Tagged: mortgages

January 20, 2020 @ 11:39 pm By JD Alois  |  

CrediTú has had mortgage assets placed in the market via a AAA long-term bond. The placement totaled $30 million with a 30-year term. The mortgage-backed bond was said to be the first from a nonbank entity in Chile since 2009. CrediTú is described as a… Read More

January 9, 2020 @ 5:36 pm By Samantha Hurst  |  

loanDepot announced on Thursday it will celebrate its 10 year anniversary by paying off one lucky customer AND one employee’s mortgage through its nextX Mortgage Sweepstakes, which will feature $680,000 in total prizes. According to loanDepot, the nextX Mortgage Sweepstakes is part of its year-long #nextX… Read More

December 18, 2019 @ 8:53 am By Omar Faridi  |  

Australian banking challenger 86400 has teamed up with FMS, a mortgage software developer, in order to use its eSign solution for mortgages. In November 2019, neobank 86400 introduced its home loan product suite, which has been designed to reduce the time required to issue and… Read More

December 17, 2019 @ 1:56 pm By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, reported on Tuesday strong inflows to its flagship real estate debt fund during November. LendInvest reported that over the month, it secured £23 million of new investment for its Real Estate Opportunity Fund. This notably brought the fund’s… Read More

November 28, 2019 @ 12:09 pm By JD Alois  |  

LendInvest, the Fintech marketplace for property finance, has promoted Andy Virgo from Business Development Manager to Head of Key Accounts for LendInvest. In this new role, he will be championing the day to day relationship management of LendInvest’s distribution network, including Mortgage Clubs and Networks. … Read More

November 1, 2019 @ 12:32 pm By JD Alois  |  

Fast-growing Fintech Landbay says October was a great month for the real estate peer to peer lending platform. Without providing any details, Landbay tweeted out the news. Earlier this year, Landbay reported that a “leading financial institution” had committed to funding £1 billion in buy… Read More

September 26, 2019 @ 8:35 am By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Thursday it has joined mortgage club Brilliant Solutions’ lender panel in order to bring its Buy-to-Let (BTL) mortgage product distribution to a wider network of brokers.  LendInvest claims that Brilliant Solutions is an “industry expert” in… Read More

September 12, 2019 @ 7:52 am By JD Alois  |  

Leading UK Fintech and online mortgage provider LendInvest has joined MCI Mortgage Club’s lender panel. The move was said to be driven by the desire to offer the company’s Buy-to-Let mortgage products to a wider audience of brokers. Mortgage Club members will now have access… Read More

September 7, 2019 @ 9:47 am By JD Alois  |  

Caliber Home Loans, a privately-held financial services company and a leading mortgage provider, has become the first outside lender to utilize the blockchain-based platform Provenance. Provenance is the creation of Figure, a Fintech that provides Home Equity loans leveraging the Provenance blockchain as well. Figure/Provenance… Read More

September 3, 2019 @ 8:34 am By JD Alois  |  

LendInvest, a marketplace for property finance, has announced rate reductions for their products as well as a “cashback” program for legal fees. According to a release from the platform, LendInvest will now contribute up to  £750 for legal fees on “select LTVs.” Buy to Let… Read More

August 19, 2019 @ 9:13 am By JD Alois  |  

SoFi is a Fintech that claims one of the largest Fintech funding rounds in the US of all time. Founded Mike Cagney, the entrepreneur departed the firm following revelations of a corporate culture that was lacking in professionalism. Cagney took a short break from the… Read More

August 13, 2019 @ 8:11 am By JD Alois  |  

Challenger bank Tandem has announced the impending launch of a new “crowd-designed” mortgage product for UK consumers.  In a release, Tandem said it plans to offer competitive mortgages to first-time buyers and “property ladder hopefuls” based on a range of financial data points. Tandem said… Read More

August 12, 2019 @ 7:20 am By JD Alois  |  

Online property finance marketplace LendInvest has received a £200 million investment from the National Australia Bank (NAB). The investment was supported by HM Treasury. Chris Philp, PPS to the Chancellor of the Exchequer, commented on the announcement: “This very substantial investment from NAB into LendInvest… Read More

July 11, 2019 @ 10:31 am By JD Alois  |  

Online mortgage lender LendInvest has increased its maximum loan amount to £750,000. This cap applies to its five year fixed buy-to-let loans. On standard residential loans, borrowers are now offered a reduced valuation fee of £150, along with free title insurance. Free title insurance is… Read More

May 14, 2019 @ 9:28 am By JD Alois  |  

LendInvest, an online marketplace for mortgages, says it has dropped its product fees and lowered interest rates for both of its five year fixed rate BTL remortgage products for a limited time. In a move to boost demand, LendInvest states that its five year fixed… Read More

April 8, 2019 @ 6:17 am By JD Alois  |  

LendInvest, one of the most successful online lending platforms in the UK, has raised £200 million from HSBC UK to help fuel expansion into the regulated home loan market. In a release, LendInvest said this marks the company’s next step towards achieving its ambition of… Read More

March 31, 2019 @ 9:12 pm By Samantha Hurst  |  

Scotiabank announced last week the launch of its new digital mortgage experience, Scotiabank eHOME. Scotiabank reported with Scotiabank eHOME, Canadians may apply for a mortgage completely online, track the application status through real-time updates, and complete the closing with a lawyer without requiring an in-person… Read More

March 29, 2019 @ 3:55 pm By Samantha Hurst  |  

Online lending platform SoFi announced on Thursday it has refreshed its mortgage offering as SoFi Home Loans. The lender reported that the offering is complete with a re-engineered process that helps people buy or refinance a home with an online application, no hidden fees, or… Read More

February 28, 2019 @ 8:14 am By JD Alois  |  

Online property lender LendInvest has formed a new partnership with buy-to-let mortgage distributor TBMC to offer its loans through the specialist packager’s broker panel.a According to the TBMC website, the company has operated in the buy-to-let and commercial mortgage markets since 1989. They are specialists… Read More

September 17, 2018 @ 7:30 am By JD Alois  |  

LendInvest, a leading online property finance platform, has closed on a $39.5 million Series C funding round that is comprised of both debt and equity. The funding has been in process throughout the summer and is viewed as positioning the UK based company for an… Read More