Items Tagged with 'digital mortgage technology'

ARTICLES

  • Ally Financial partnering with Better.com to launch digital mortgage platform

    Ally now fully back in the mortgage space
    Ally Financial, which all but exited the mortgage business back in 2012, got back into mortgages in earnest in 2016. Now, Ally is taking its mortgage business to the next level by going digital with help from Better.com (formerly known as Better Mortgage). Ally and Better announced Thursday that the companies are partnering to launch a digital mortgage platform for Ally.
    Read More
  • The fully digital mortgage has truly arrived as use of eNotes skyrockets by nearly 5,000%

    eNotes registered on MERS system increases substantially in first quarter
    For the last few years, there’s been a revolution underway in the mortgage business, as the industry moved closer to a fully digital mortgage, but new data suggests that the digital mortgage is becoming an industry-wide reality. A new report shows that the use of eNotes exploded in the first quarter of 2019, rising nearly 5,000% over last year.
    Read More
  • Citigroup invests in digital mortgage company Better Mortgage

    Citi becomes latest big name to fund mortgage tech startup
    The investors in digital mortgage company and 2018 HW Tech100 winner Better Mortgage are a veritable who’s who of the finance space. And there's a new big name joining that list. Better announced Thursday that Citigroup is investing in the company, joining Goldman Sachs and American Express among Better's backers.
    Read More
  • Better Mortgage raises $70 million, led by American Express

    Digital mortgage company now operating in 30 states
    Digital mortgage company and 2018 HW Tech100 winner Better Mortgage already boasts one of the biggest names in financial services as one of its backers: Goldman Sachs. And now, another financial giant is jumping on board. Better Mortgage announced Thursday that it raised $70 million in its Series C funding round, which was led by American Express Ventures and the Healthcare of Ontario Pension Plan.
    Read More
  • Dropbox makes big move into eSignatures by acquiring HelloSign for $230 million

    Dropbox will add eSignature technology to its offerings
    Digital mortgages and electronic documents are becoming more commonplace, and now, there’s a big name in business that wants a piece of the action. Dropbox, the business collaboration platform, announced Monday that it is buying HelloSign, an eSignature and document workflow platform, for $230 million.
    Read More
  • Fintech company Plaid raises $250 million, valued at $2.65 billion

    New investors include Mary Meeker and Andreessen Horowitz
    There’s a new unicorn in the fintech space, as Plaid announced this week that it raised $250 million in its Series C funding round at a reported valuation of $2.65 billion. Plaid, a technology platform that connects various applications with users’ bank accounts, has a growing presence in the mortgage space. And now, the company plans to grow exponentially thanks to a massive new capital injection.
    Read More
  • Wells Fargo to begin buying eNotes

    Digital mortgage revolution takes big step forward
    Wells Fargo, which began accepting digital mortgage applications earlier this year, is about to take an even bigger step into digital mortgages, as the megabank announced Monday morning that it is going to begin buying eNotes (electronic promissory notes). To facilitate this expansion of its mortgage business, Wells Fargo is partnering with eOriginal, a digital solution provider for the mortgage industry and a HousingWire Magazine Tech100 winner in 2018.
    Read More
  • Credit Karma enters the mortgage business by buying Approved

    Personal finance company has more than 80 million members
    Credit Karma, the personal finance company that provides its 80 million members with products and services to manage their finances and connects those members to financial services providers, is officially getting into the mortgage business by acquiring Approved, a digital mortgage platform.
    Read More