Omnichannel banking trends in 2025 will be driven by customers’ preference for digital channels. With 50-70% of customers preferring digital …
HOW AUTO STRUCTURING CAPTURES MORE AUTO LOANS
What gives you the greatest advantage in capturing more auto loans and growing your portfolio in a competitive auto lending …
3 LOAN PROCESS IMPROVEMENT IDEAS TO OPTIMIZE LENDING
Lenders have increasingly adopted mobile and web technologies to make life easier for their customers. These technologies now allow customers …
MOBILE BANKING BEST PRACTICES FOR LENDERS
Following a loan servicing compliance guide and relying on experts to guide you can help protect your credit union members. Just remember that you still have to go through the process of researching specific regulations for your state and industry to remain compliant.
TOP CONSUMER LENDING TRENDS FOR 2024 & BEYOND
In the face of continued high interest rates, consumer lending is being transformed by several fast moving trends. Digital lending …
LOAN ORIGINATION LIFE CYCLE: HOW TO STREAMLINE IT BY GOING DIGITAL
Many dealers and lenders are on their digital lending journeys. For them, refining to best suit their unique end-to-end loan …
9 KEY LOAN ORIGINATION SYSTEM (LOS) INTEGRATIONS LENDERS NEED
To remain competitive, lenders must have modern loan origination systems (LOS) to process and manage loan applications efficiently. Integrations with …
HOW AUTO DECISIONING IMPACTS LENDING PRACTICES
Technology advances incorporated in modern loan origination solutions enable significantly improved efficiency in the underwriting process, specifically through auto decisioning. …
LOAN ORIGINATION PROCESS EXPLAINED (AND HOW TO IMPROVE EFFICIENCY)
Businesses are always looking to make their operations more efficient, and it’s no different for consumer lenders. Because of its …
UNDERWRITING COMPLIANCE: HOW TO ACHIEVE, MAINTAIN, AND DEMONSTRATE IT
The demands necessary to run an efficient, profitable lending operation must be balanced against compliance with constantly changing regulations. These …
RESHAPE LOAN ORIGINATION PROCESS WITH NEW LENDING TECHNOLOGY
Updated on 2/26/24 By leveraging modern technology, financial institutions can make daily interactions with their customers frictionless and effortless. Technology …
CREDIT UNDERWRITING FRAMEWORK: KEY COMPONENTS TO CONSIDER
A well-defined credit underwriting framework is essential for responsible lending and risk management. To meet the challenges of an ever-changing …
