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Finova unveils new brand as its technology powers 1 in 5 UK mortgages

Finova unveils new brand as its technology powers 1 in 5 UK mortgages
The two businesses now operate under a single unified brand - Finova - and will continue to support more than 60 banks, building societies, specialist lenders and equity release providers, as well as over 550 brokerages across the UK.
Brokers demand lenders act on FMA submissions

Brokers demand lenders act on FMA submissions
The commitment was introduced by the lender to offer intermediaries additional time and certainty to convert DIP’s into FMA’s in such a volatile product arena.
Pay attention to retention

Pay attention to retention
For lenders, having a strong plan to retain customers is vital.
Seven million users on, how far has Open Banking come in the UK?

Seven million users on, how far has Open Banking come in the UK?
After a slow start, the appetite for Open Banking has begun to climb, driven in part by the pandemic and, more recently, the cost-of-living crisis.
Seven million users on, how far has Open Banking come in the UK?

Seven million users on, how far has Open Banking come in the UK?
After a slow start, the appetite for Open Banking has begun to climb, driven in part by the pandemic and, more recently, the cost-of-living crisis.
Standard Life Home Finance becomes the 85th lender to join Finova Payment and Mortgage Services panel

Standard Life Home Finance becomes the 85th lender to join Finova Payment and Mortgage Services panel
Finova’s lender panel currently offers both standard mortgage products and a range of other secured lending options, including buy-to-let, second charge, commercial and development, and equity release.
Pure Retirement joins Finova’s lending panel

Pure Retirement joins Finova’s lending panel
Lifetime Mortgage Specialists Pure Retirement have joined Finova Payment and Mortgage Services panel.
SoMo joins Finova’s lending panel

SoMo joins Finova’s lending panel
Specialist lending firm Somo has joined Finova's lending panel enabling brokers to access the firm's products including Valuation Only and Second Charge loans.
Everything brokers need to know ahead of the new Consumer Duty

Everything brokers need to know ahead of the new Consumer Duty
While the majority of brokers endeavour to deliver the right products to their clients at all times, the FCA is concerned that not all financial services work well.
Finova launches new product switch functionality within its Apprivo2 origination platform

Finova launches new product switch functionality within its Apprivo2 origination platform
Finova, the UK’s largest cloud-based mortgages and savings software provider, today announces its new product switch functionality within its cloud-first origination platform, Apprivo2.