There are advantages to both sides for #banks to partner with #mortgage solutions, but one of the U.S.’s largest digital mortgage companies told Bank Innovation why they aren’t #partnering with banks. #LendingHome, which has originated $ 3 billion in loans since 2014, says there need not be a rush for digital mortgage servicers to partner with […]
Bank Innovation
#Marcus, the consumer lending platform of Goldman Sachs, added a new tool that lets users estimate the value certain renovations would add to the price of their house, before applying for a home improvement loan, Bank Innovation has learned. The move reiterates Marcus’ interest in building its loan offerings in the home improvements sector, as […]
Bank Innovation
Online real estate company #Zillow has entered the #mortgage #space. On Monday the Seattle-based company purchased Mortgage Lenders of America for an undisclosed amount. The move solidifies the company’s effort to simplify and streamline the home buying process, according to a company-issued statement. Zillow outlined that, “owning a mortgage lender will allow Zillow Group to […]
Bank Innovation
#Rocket #Mortgage,which was designed for smart phones, now offers a connection through Amazon’s #Alexa.
Financial Technology
#Ellie Mae, a cloud-based #mortgage origination #company, agreed to acquire #Velocify, a sales acceleration platform for $ 128 million in cash. The acquisition, which was announced yesterday, is expected to close in the fourth quarter of the year. Ellie Mae will combine Velocify’s management team with its Encompass CRM division, based on the announcement. According to announcement, […]
Bank Innovation
#Digital #mortgage #technology startup, #Blend, raised $ 100 million in a Series D round, bringing its total #funding to $ 166 million, the company said Thursday. The funding round was led by Menlo Park, California-based venture capital firm Greylock Partners. Other investors included Emergence Capital, 8VC, Lightspeed Venture Partners, and Nyca Partners. Based in San Francisco, Blend was established […]
Bank Innovation
What do #mortgage lending and music streaming have in common? More than one would think. In fact, mortgage #lenders could stand to learn a few lessons #from how music services such as #Spotify interact with consumers, according to Vishal Garg, founder and CEO of Better Mortgage. Better, an online mortgage lender utilizing machine learning to […]
Bank Innovation
Millennials out there are often caught between two big decisions: do they buy a home, or do they keep buying sweet, delicious #avocado #toast? Luckily for the potential millennial homebuyer, #fintech lender #SoFi has found a way to merge these two completely exclusive purchases: a SoFi #mortgage now #comes with avocado toast. #Seriously—for the entire […]
Bank Innovation
A group of #banks in #Hong #Kong are reportedly developing a #system that uses #blockchain tech to share information about #mortgage valuations.
A group of #banks in #Hong #Kong are reportedly developing a #system that uses #blockchain tech to share information about #mortgage valuations.
Reply