#Mortgage #Platforms / Habito raises £35 million to revolutionise home buying

Habito offers a suite of service intended to take the pain out of buying a new house, including its own mortgage products, a digital brokerage service and an end-to-end home-buying package. [CEO and founder:] “At Habito, we’re on a mission to make mortgages easier for anyone who wants to own a home… For too long,Continue reading “#Mortgage #Platforms / Habito raises £35 million to revolutionise home buying”

#Mortgage / ICE to buy mortgage software firm Ellie Mae

The move, which comes after ICE’s recent acquisitions of Mers and Simplifile, establishes the Nyse owner’s position in the trillion dollar residential mortgage industry. Founded in 1997 to automate and digitise the mortgage sector, Ellie Mae provides technology services to all participants in the mortgage supply chain, including its over 3000 customers. [CEO, ICE:] saysContinue reading “#Mortgage / ICE to buy mortgage software firm Ellie Mae”

#DigitalTransformation / JetClosing Raises $9M in Series B Funding

…JetClosing is digital title and escrow company for real estate transactions. The company utilizes fully encrypted workflows for secure document transfers, wire transactions, remote online notarizations (RON), and e-signatures. To prevent fraud commonly associated with home buying scams, the company has instituted a number of security measures, including a recent partnership with CertifID, a real-timeContinue reading “#DigitalTransformation / JetClosing Raises $9M in Series B Funding”

#Mortgage / Dutch Digital Bank Bunq Enters the Mortgage Market

Bunq has become one of the first European digital banks to enter the mortgage market… this will not be a direct to consumer strategy, instead Bunq will work with brokers, although they did say they may offer mortgages directly at some point; [Bunq] has €433m in assets primarily held in European Central Bank bonds andContinue reading “#Mortgage / Dutch Digital Bank Bunq Enters the Mortgage Market”

#AltFi / Landbay secures mortgage funding from unnamed UK bank

Buy-to-let mortgage lending platform Landbay. announced a funding partnership with an unnamed UK bank. the move would help to further strengthen the platform’s institutional funding and allow it to launch new lending products. Landbay last week upped its maximum loan size from £1m to £1.5m, increased its maximum loan to value, and slashed the ratesContinue reading “#AltFi / Landbay secures mortgage funding from unnamed UK bank”

#LendTech / Google, CFPB Team On Housing, Mortgage Search ‘Experience’

In May, searches for “how to buy a house” reached an all-time high while “refinancing” reached a record high in March. To help people better understand the mortgage process, Google collaborated with the Consumer Financial Protection Bureau… to create a new mobile experience in Google Search. Now, when users search “mortgage,” they will find aContinue reading “#LendTech / Google, CFPB Team On Housing, Mortgage Search ‘Experience’”