Co-branded ComeHome solution on Ally's website provides would-be homebuyers with access to listings and loan options and encourage homeowners to explore refinancing
Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled 'mortgage-as-a-service' platform with Infosys
Better's market share has shrunk by more than 70% in the last year as it focuses on making more profitable loans, with partners like Ally Bank and American Express generating 42% of business
Hawaii, Nevada, New Hampshire and New York are the final states to check off in order for Ally to realize its goal of providing digital mortgages nationwide
The move by Fannie Mae and Freddie Mac came days after President Trump announced that delayed mortgage payments may be an option for borrowers amidst the coronavirus pandemic
The best innovations are those that benefit both the consumer and lender
Only 1 in 10 young consumers bother checking their credit scores, according to recent research