Direct Lending | FinTecBuzz

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Direct LendingRealogy Continues Deleveraging with Term Loan Repayments

September 20, 20213 min

Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of U.S. residential real estate services in the United States, today announced that it has repaid an aggregate of $435 million of outstanding borrowings under its term loan facilities as of September 16, 2021. The debt repayment was funded with cash on hand. The repayments satisfy in full the $197 million principal amount of outstanding borrowings under its non-extended Term Loan A facility due February 2023 and the $238 million principal amount of outstanding borrowings under...

by BusinessWire

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Direct LendingIgnite Sales Taps Fintech Expert Kenneth Patrick

August 11, 20214 min

Fiserv Alum to Support Rapid Adoption of Ignite’s Customer Engagement Platform Ignite Sales, Inc., the leader in retail banking customer engagement and retention technology, today announced the appointment of G. Kenneth Patrick to Chief Growth Officer. In this role, Ken will steer all of Ignite’s business development activities, including sales and partnerships for Ignite’s award-winning customer engagement platform. “Ken has a strong strategic understanding of the financial and technology needs of banks and credit unions...

by PRNewswire

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Direct LendingMike Linton and Pamela Hughes Patenaude to join loanDepot

August 2, 20219 min

Linton’s extensive consumer experience and Patenaude’s deep housing sector expertise to strengthen loanDepot’s offering and accelerate strategic growth loanDepot, Inc. (the “Company,”NYSE: “LDI,” together with its subsidiaries, “loanDepot”), the nonbank lending innovator that is using its proprietary mello® technology to transform the mortgage industry, today announced the appointment of Mike Linton, a consumer and product marketing expert, and Pamela Hughes Patenaude, a prominent housing policy expert and former deputy secretary of the U.S. Department of Housing and Urban Development, to...

by PRNewswire

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Direct LendingRoostify Named 2020 Google Cloud Technology Partner

July 26, 20214 min

Roostify, a premium home lending technology provider, is pleased to announce that it has been named recipient of the 2020 Google Cloud Technology Partner of the Year Award for AI and ML for its enhanced document intelligence capabilities. Google Cloud’s award recognizes Roostify’s achievements in the Google Cloud ecosystem, specifically the company’s efforts developing solutions that replace the need for manual data entry throughout the home lending application process. Roostify’s proprietary platform eliminates repetition, operational...

by PRNewswire

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Direct LendingDigital lending gives shoppers longer loan term options

May 19, 20215 min

Digital lending offering gives shoppers longer loan term options as e-commerce rises Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), now offers its financing on retail payments platform Sezzle. The first integration of its type for Sezzle – select shoppers can now choose to pay over time using Ally’s longer-term, fixed-rate installment loans or Sezzle’s buy-now-pay-later, installment offerings. Ally’s financing extends to purchases up to $40,000 with 3-60-month terms. The launch...

by BusinessWire

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Direct LendingTurnKey Lender Partners with Globe Telecom

April 13, 20213 min

TurnKey Lender is pleased to welcome Globe Telecom as a new addition to its rapidly expanding client family. Globe Telecom, one of leading mobile telecommunication companies in the Philippines, joins more than 170 lenders worldwide that rely on TurnKey Lender’s software platform for best-of-breed digital lending services, from origination and underwriting to repayment and reporting. “Globe, a world-class telecom, was looking for a loan processing platform that could easily keep up with its extremely high transaction volumes,” said...

by PRNewswire

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Direct LendingLending Software Blend to Acquire Title365

March 16, 20216 min

Combined Companies Aim to Power the Entire Homebuying Journey, Including Title, Settlement, and Closing, Through Blend's Cloud-Based Platform

by PRNewswire

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Direct LendingDirect Lender & Mortgage Broker Leader Celebrates Women in Mortgage

March 11, 20217 min

Arbor Financial Group Recognizes Diverse Industry Leaders Who Continue to Achieve Entrepreneur Excellence

by PRNewswire

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Direct LendingBroadridge Launches Wealth Lending Network Marketplace

February 23, 20214 min

New offering with The Bancorp extends market access to Securities-Based Lending

by PRNewswire

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Direct LendingConsumers Credit Union Selects Baker Hill NextGen as FinTech Partner

February 17, 20215 min

Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, announces a new partnership with Consumers Credit Union. The Kalamazoo, Michigan-based credit union has selected Baker Hill NextGen®, Baker Hill’s unified solution, to support its growth, update lending procedures, and leverage member data to enhance efficiencies and member experience. Consumers is currently celebrating their 70th year since their establishment in 1951. In office and online, they currently serve more than...

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