Skip to main content

BSI Teams Up With Kasasa For New Mortgage Loan Product

Navi Persaud
Aug 24, 2020
Fintech photo. Photocredit: iStock.com/Andrey Suslov

BSI Financial Partners, a tech-centric financial services company, and Kasasa, a financial technology and marketing provider, have joined forces to create a new mortgage loan product for community banks and credit unions.

BSI Financial Partners will be providing loan servicing for community banks and credit unions that offer Kasasa Mortgage, a product that allows financial institutions to compete with larger banks on multiple levels. It also features the "TakeBackTM," which allows borrowers the flexibility to accelerate loan payments to reduce debt and take back all or part of the pre-paid amount if they need it, according to a press release.

"Our partnership with Kasasa enables us to advance a strategic initiative to leverage our capabilities, expanding service offerings to more lending segments," said Allen Price, senior vice president, business development for BSI Financial Partners.

"Through Kasasa's partnership with BSI Financial, we are enabling a greater number of local financial institutions to help their borrowers better understand their mortgage loan and get out of debt quicker," said Chris Cohen, executive vice president, production management at Kasasa.

Published
Aug 24, 2020
More from
Tech
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Tech
Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Tech
Oct 18, 2021
SimpleNexus Unveils Nexus Pay With In-App Payment Capabilities

SimpleNexus announced its upcoming Nexus Pay feature for mortgage loan applicants. The company is planning to do a full unveiling at the Mortgage Bankers Association's Annual Convention and Expo.

Tech
Oct 13, 2021
Redwood Trust Invests In Flock Homes Rental Ownership Platform

Redwood Trust Inc. announced its investment in Flock Homes, a rental ownership platform that converts owners into passive investors.

Tech
Oct 07, 2021
DocMagic Updates eSign Platform With Version 3.0

DocMagic Inc. launched its eSign 3.0 platform featuring enhancements to its remote notary and eClosing capabilities.

Tech
Oct 06, 2021
New CoreLogic Listing Platform Streamlines Navigation In NYC Real Estate Market

New York City has a notoriously hard-to-navigate housing market, but a better property listing platform from CoreLogic can simplify the process for new homebuyers.

Tech
Oct 04, 2021