On episode 40 I talk with John Paasonen of Maxwell helping lenders serve their communities by channeling mortgage and technology expertise.
Mortgage fintech Blend is on a roll; Blend’s customer base now accounts for more than 25% of the $2.1 trillion...
Regulators in the US are contemplating giving banks additional regulatory points for lending to mid and low income Americans who...
Zillow purchased Mortgage Lenders of America in November 2018 and now is officially launching Zillow Home Loans as they rebrand;...
According to a New York Federal Reserve report, online mortgage lenders approve loans faster, experience fewer defaults and encourage more refinancing; not surprisingly they are also able to respond to customers as demands shift; the report studied banks and fintechs to better understand the market; lending from fintechs has grown by 30% annually since 2010, from $34 billion to $161 billion, representing 8% of the market. Source
Bunq has become one of the first European digital banks to enter the mortgage market with an announcement that they...
In a Forbes column, the CEO of Hometap, Jeffrey Glass, discusses credit scores and how most lenders still rely on...
The securitization includes £285 million of UK prime buy-to-let mortgage loans and was oversubscribed; Citi arranged the securitization who was...
JPMorgan Chase ran a pilot last year which offered bonus rewards to customers of their Sapphire credit cards if they closed a mortgage; JPMorgan experienced significant demand from the pilot with homes purchased doubling for those who owned the Sapphire cards; the bank is now expanding the promotion to other credit cards they offer; Business Insider shares more on JPMorgan’s market opportunity and the millennial demographic. Source
The CEO and Founder of Better Mortgage tells us how his company is revolutionizing the home buying process. Source