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 …
COMMUNITY BANK TECHNOLOGY TRENDS FOR 2024
Community banks are unlike any other financial institution. They truly understand the individual needs of small businesses and the community …
LOAN PORTFOLIO RISK ASSESSMENT: A GUIDE FOR LENDERS
Lenders face an uncertain financial market in a constantly changing global economy. To negotiate this dynamic milieu, lenders need to …
LENDING RISK ANALYSIS: KEY CONSIDERATIONS
High inflation, rising interest rates, increasing consumer debt, supply chain issues, and the most significant conflict in Europe since World …
AUTO FINANCE INDUSTRY CHALLENGES & HOW TO OVERCOME THEM
Auto finance industry challenges are many, but lenders are taking steps to turn those challenges into opportunities. Lenders are adapting …
10 CREDIT RISK MANAGEMENT STRATEGIES
Credit risk management is paramount for lenders as it directly impacts their financial stability and long-term success. It helps lenders …
CREDIT RISK MANAGEMENT CHALLENGES & HOW TO OVERCOME THEM
Lenders face numerous credit risk management challenges. One big challenge is assessing borrowers’ creditworthiness accurately, which requires understanding their financial …