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In December 2022, IGM Financial Inc. purchased a minority stake in nesto [9] and partnered with the company for the launch of its Mortgage Cloud service, stating that nesto would provide white label mortgage services to IG clients. [10] [11] Nesto secured CAD $80 million (USD $58 million) in Series C funding that same month. [12] [13] [14]
In 2009, Mortgage Choice acquired mortgage aggregator LoanKit. [6] This re-launched in 2010 as the company's aggregation arm. In 2010, Mortgage Choice acquired Australian home loan and insurance comparison website HelpMeChoose.com.au; [7] and launched its first white label product bluegum™ home loans. [8]
Green Mirage scammers have impersonated more than 400 mortgage institutions and caused hundreds of thousands of dollars of losses to deceived homeowners, many of whom only learn of the fraud when ...
Ellie Mae Inc., originally named Electronic Mortgage Affiliates, [1] is a software company that processes 35% of U.S. mortgage applications. [2] The services are based on a software as a service model (SaaS), [3] and specializes in originating and funding new mortgage loans and facilitating regulatory compliance.
Between April 30, 1997 and February 1, 2005, PHH was a wholly owned subsidiary of Cendant Corporation (now known as Avis Budget Group) and its predecessors that provided mortgage banking services, facilitated employee relocations and provided vehicle fleet management and fuel card services. [citation needed]
In February 2022, Starling created a subsidiary business for its banking-as-a-service platform, Engine, through which it plans to white-label to other firms to allow them to use its systems for processing payments, card transactions and opening customer accounts. [48] Welsh Government video of Anne Boden introducing herself and Starling Bank ...
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A mortgage loan is a secured loan in which the collateral is property, such as a home.; A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.