CMFG Ventures LLC announced Tuesday that it has invested in a Chicago startup company that provides online mortgage origination systems to lenders.
The venture capital entity of CUNA Mutual Group led the extension for MortgageHippo Inc.'s seed round of approximately $2.25 million. MortgageHippo provides a digital mortgage platform designed to guide consumers through the mortgage origination process.
Brian Kaas, president and managing director, CMFG Ventures, based in Madison, Wis., said MortgageHippo will be valuable tool to allow credit unions to both cut costs and provide better service to members.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
