Morgan Stanley CEO James Gorman sent a memo to employees signaling their focus on technology innovation; American Banker reports that...
Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.
Despite a fall in crypto prices, the creation of digital assets is still high, the bank’s analysts said.
Morgan Stanley recently bought more than $14mn of local subordinated bonds from online lender Geru Tecnologia e Servicos; Brazil has...
Morgan Stanley (NYSE: MS) reveals that it has teamed up with Greenlight Financial Technology, Inc. in order to bring families an 'easy, convenient way to teach kids about personal finance.' All Morgan Stanley CashPlus brokerage account holders are now able to sign up for a
Bank of America has optimized auto loan applications for mobile apps and is looking to expand to mortgages with a similar offering; the expansion follows a market trend toward increased demand for digital mortgage offerings; Bank of America plans to launch its mobile mortgage application in 2017 as it seeks to broaden its service availability to a full range of service channels; the mobile offering will expand on the firm's current online mortgage experience which provides for electronic applications and documentation with the benefit of automating and verifying customer information; within the industry, JPMorgan is also developing a mobile mortgage offering through its partnership with Roostify and Canadian Imperial Bank of Commerce has set a precedent for mobile mortgage service with the launch of its Hello Home product. Source
Arbor Commercial Mortgage and its affiliates are private lenders for commercial and multi-family real estate as well as a REIT sponsor; they have launched the ArborCrowd real estate crowdfunding platform; their marketing emphasizes 30 years of experience in real estate, careful selection of sponsors, and individuals investing alongside institutional capital providers as well as the project sponsors themselves. Source
Last week interest rates hit an all time low; now some lenders are apparently inflating their advertised mortgage rates on...
The largest non bank service provider, Mr. Cooper, led a series A round into Matic Insurance; Matic is a digital insurance agency that allows homebuyers to get homeowners insurance during the mortgage process; Coverager reports Aaron Schiff, CEO of Matic said, “Mr. Cooper’s customers will benefit from Matic’s ability to expedite loan closings and make it easier for Mr. Cooper to lower their borrower’s payments for improved payment performance. Source.
Morty CEO Nora Apsel discusses the online mortgage marketplace and its journey to open access to all
FinLedger spoke with Morty co-founder and CEO Nora Apsel about the company's journey, overarching goals and plans moving forward.