Home equity

Michigan Schools and Government Credit Union Selects Blend to Evolve its Digital Lending Experience

Retrieved on: 
Tuesday, April 16, 2024
Software, Internet, Finance, Banking, Data Management, Professional Services, Technology, Fintech, Credit union, Close, Growth, Employment, Home equity, Government, Bank

Blend, a leading provider of cloud banking services, announced today that Michigan Schools and Government Credit Union (MSGCU) has selected Blend to deliver an enhanced user experience for its members.

Key Points: 
  • Blend, a leading provider of cloud banking services, announced today that Michigan Schools and Government Credit Union (MSGCU) has selected Blend to deliver an enhanced user experience for its members.
  • "We are thrilled to partner with Michigan Schools and Government Credit Union to transform their mortgage and home equity lending processes," said Erik Wrobel, head of product at Blend.
  • Together, we are committed to delivering exceptional value to their members and ensuring success in today's rapidly evolving digital landscape."
  • To learn more about Blend’s digital lending solutions, please visit www.blend.com .

Coviance™ Announces Integration with Encompass® by ICE Mortgage Technology®

Retrieved on: 
Monday, March 18, 2024
Finance, Banking, Professional Services, Technology, Software, Automation, Documentation, Communication, Encompass, Home equity, ICE, Workflow, American Dream, HELOC, Web application, LOS

Coviance’s HEx automates the home equity loan process through adaptive workflows with data-driven decisioning intelligence giving borrowers and lenders speed and efficiency.

Key Points: 
  • Coviance’s HEx automates the home equity loan process through adaptive workflows with data-driven decisioning intelligence giving borrowers and lenders speed and efficiency.
  • “Expanding onto our relationship with ICE from our integration into Simplifile, and now Encompass continues to drive value for our shared customers, banks and credit unions.
  • The product’s standout features will help further expand Home Equity lending capabilities into the mortgage LOS.
  • "As a Coviance board member, I am excited about the integration between Coviance and ICE Mortgage Technology, which will enable more credit unions and community banks to access this powerful technology."

Amidst the Impact of Interest Rate Movements, TransUnion Introduces New Solution to Better Assess Property Values

Retrieved on: 
Wednesday, January 10, 2024
Property management, Risk, Environment, Risk management, Home equity, TransUnion, CLTV, TRU, Motivation, Bank

According to the recent Q3 2023 TransUnion Credit Industry Insights Report , tappable home equity continues to rise, up to $19.7 Trillion in Q2 2023.

Key Points: 
  • According to the recent Q3 2023 TransUnion Credit Industry Insights Report , tappable home equity continues to rise, up to $19.7 Trillion in Q2 2023.
  • As a result, it is imperative for lenders to have a true picture of the property values in their portfolio.
  • Ultimately, this provides a more holistic view to help assess the riskiness of a portfolio from a property perspective.
  • Consumer Property Insights for Property Management provides lenders with an array of new and differentiated insights, such as combined-loan-to-value (CLTV), on each property a consumer owns.

KeyBank's Expanded Relationship Benefits and New Perks Offer Consumers More Flexibility and Control of Their Finances

Retrieved on: 
Tuesday, December 5, 2023
NYSE, Home equity, Tax, Growth, Key selection vector, Small business, Heart, Debt, KeyBank, Trust, ATM, Knowledge, HELOC, Bank, Real estate, Financial services, Boat, Key, RV

CLEVELAND, Dec. 5, 2023 /PRNewswire/ -- In the latest demonstration of its commitment to helping clients move forward on their individual financial journeys, KeyBank (NYSE:KEY) today announced expanded relationship benefits to enhance the banking experience and unlock new benefits, including discounted rates on personal loans and home lending products. These updates are the next step on Key's continuing journey to offer consumers more flexibility, convenience, and financial peace of mind.

Key Points: 
  • These updates are the next step on Key's continuing journey to offer consumers more flexibility, convenience, and financial peace of mind.
  • Key is now extending its relationship benefits across additional products, including personal loans and home lending products.
  • To take advantage of the perks, clients simply need to open any other eligible KeyBank product and enjoy the relationship benefits that come with it.
  • Awards qualifying clients with multiple benefits, such as an annual cash bonus, monthly fee waivers, lowered fees, and ATM benefits.

Inter&Co Inc. Reports Record Third-Quarter 2023 Net Income of R$104 Million

Retrieved on: 
Monday, November 6, 2023
BRT, Yoy, CDI, Quarter, ROE, Acquisition, Growth, INTR, Home equity, M. Levin & Co, Inc, PIX, Communication, Acceleration, Retail, Bank, Renewable energy, Sales, Risk

Record Net Income of R$104 million and earnings before tax of R$145 million, marking the fourth consecutive quarter of bottom-line growth.

Key Points: 
  • Record Net Income of R$104 million and earnings before tax of R$145 million, marking the fourth consecutive quarter of bottom-line growth.
  • 29.4 million Total Clients, with 1.6 million added this quarter, as a result of new customer acquisition strategies.
  • 52.7% Activation Rate, with a record of 1 million new active clients this quarter, reaching 15.5 million active clients due to improvements in communication and engagement.
  • Inter&Co will discuss its Q3 2023 financial results today, November 6th, 2023 at 11 a.m.

GDS Link Marketing Services Launches ePrescreen365: A Ground-Breaking Widget for Streamlined Loan Offers

Retrieved on: 
Wednesday, August 23, 2023
Online, Student loan, API, Auto, Demand, Credit card, URL, Marketing, Home equity, Bank, Credit, Online shopping

DALLAS, Aug. 23, 2023 /PRNewswire/ -- GDS Link Marketing Services, a pioneer in marketing solutions for financial services, proudly announces the launch of ePrescreen365, a state-of-the-art widget set to transform how financial institutions present prescreened online loan offers.

Key Points: 
  • DALLAS, Aug. 23, 2023 /PRNewswire/ -- GDS Link Marketing Services, a pioneer in marketing solutions for financial services, proudly announces the launch of ePrescreen365, a state-of-the-art widget set to transform how financial institutions present prescreened online loan offers.
  • Designed to meet the escalating demand for online access, ePrescreen365 provides customers/members a frictionless process to view their prequalified loan offers.
  • ePrescreen365 facilitates a multi-loan type, perpetual online loan program catering to various loan categories such as Auto, Mortgage, Home Equity, Credit Card, Personal Loan, and Student Loan.
  • This user-friendly widget grant website visitors effortless access to their prequalified loan offers while ensuring their credit scores remain unaffected.

evNation announces strategic partnership with QuantmRE to provide debt-free financing for EV charging & solar installations

Retrieved on: 
Wednesday, May 17, 2023
Electricity, Partnership, EV, Home equity, Renting

COSTA MESA, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- California-based evNation has formed a strategic partnership with fast-growing real estate fintech company QuantmRE to provide debt-free financing options for homeowners who wish to maximize their savings and switch to a fully electric life with evNation’s EV charger and solar installation services.

Key Points: 
  • COSTA MESA, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- California-based evNation has formed a strategic partnership with fast-growing real estate fintech company QuantmRE to provide debt-free financing options for homeowners who wish to maximize their savings and switch to a fully electric life with evNation’s EV charger and solar installation services.
  • By partnering with QuantmRE, evNation is now able to offer an alternative, debt-free financing solution – the Home Equity Agreement.
  • A Home Equity Agreement provides the homeowner with a lump sum in exchange for a share of the future value of the property.
  • “QuantmRE’s Home Equity Agreements are a much-needed alternative financing option than can be an ideal solution for many of our customers.

First American Data & Analytics Senior Director Nicole Goodman Named One of HousingWire’s 2023 Rising Stars Award Winners

Retrieved on: 
Tuesday, May 2, 2023
Software, Insurance, Networks, Data Analytics, Finance, Data Management, Professional Services, Technology, FAF, Marketing, Home equity, Risk management, Rising Star, Creativity, Organization, American Financial Group, American Data Privacy and Protection Act, Goodman, Growth, First American Corporation, NYSE, PR, Auction, Management

“Nicole’s ability to foster and build mutually supportive relationships among various teams and contributors has been a key part of her success.

Key Points: 
  • “Nicole’s ability to foster and build mutually supportive relationships among various teams and contributors has been a key part of her success.
  • A strategic leader, she has driven meaningful initiatives that have directly contributed to greater numbers of customers benefiting from our innovative products and services,” said Robert Karraa, president of First American Data & Analytics.
  • “This year’s HousingWire Rising Stars list represents some of the brightest and most innovative minds in mortgage and real estate,” said Sarah Wheeler, HousingWire’s editor-in-chief.
  • This award consistently highlights the importance and impact of up-and-coming leaders who are driving the industry forward with their creativity, dedication and passion.”

OceanFirst Bank Announces Appointment of Stephen Adamo, President of Residential and Consumer Lending

Retrieved on: 
Monday, March 20, 2023
OceanFirst Bank, Home equity, National Retail Properties, Santander Bank, Citizenship, Credit, Trust, OCFC, BANK, Consumer, Embrace Home Loans, Growth, RED, Real estate, Financial services

RED BANK, N.J., March 20, 2023 (GLOBE NEWSWIRE) -- OceanFirst Bank (“OceanFirst”), the wholly owned subsidiary of OceanFirst Financial Corp. (NASDAQ:OCFC), announces the appointment of Stephen Adamo as President of Residential and Consumer Lending.

Key Points: 
  • RED BANK, N.J., March 20, 2023 (GLOBE NEWSWIRE) -- OceanFirst Bank (“OceanFirst”), the wholly owned subsidiary of OceanFirst Financial Corp. (NASDAQ:OCFC), announces the appointment of Stephen Adamo as President of Residential and Consumer Lending.
  • Mr. Adamo will lead the residential and consumer lending divisions at OceanFirst.
  • His responsibilities include the growth and expansion of all residential home lending products, consumer lending products and sales, services, loan officers, and delivery channels.
  • We are pleased to welcome Steve to OceanFirst.”
    OceanFirst has been providing residential home lending products and services for more than 120 years.

Homeowners in Bell and Paramount Can Now Fund Renewable Energy and Water Saving Projects, Earthquake Resiliency, HVAC, Through PACE Financing

Retrieved on: 
Tuesday, March 14, 2023
Face, Home equity, City, Paramount, Water, Housing, HVAC, LOS, Earthquake, HRF, Wildfire, Tax, Insurance, Renewable energy

LOS ANGELES, March 14, 2023 /PRNewswire/ -- Homeowners in the Cities of Bell and Paramount, both in Los Angeles County, can now access Property Assessed Clean Energy (PACE) home improvement financing through industry leader Home Run Financing (HRF), giving area residents new access to this innovative mechanism to fund renewable energy and energy and water efficiency upgrades, as well as earthquake resiliency. Bell and Paramount join more than 340 other cities and towns in California, including more than 30 in LA County, in making PACE Funding available to homeowners.

Key Points: 
  • Bell and Paramount join more than 340 other cities and towns in California, including more than 30 in LA County, in making PACE Funding available to homeowners.
  • This makes financing available for many more homeowners for projects including HVAC, solar, energy efficient roofing and insulation, and water efficiency, as well as fire-resistant roofing and seismic (earthquake) resiliency.
  • This program gives our homeowners better access to equitable home improvement financing, making it more affordable to meet their water and energy needs."
  • State legislation and regulation by the state Department of Financing Protection and Innovation (DFPI) provides robust consumer protections for homeowners.