small business loan servicing solutions

LOAN SERVICING COMPLIANCE MUST-HAVES FOR COMMUNITY BANKERS

The defi Team Community Banking, Compliance, defi INSIGHT, Servicing Systems

Loan servicing compliance is one of the most important things community bankers think about when they manage their loan portfolios. Yet providing competitive loans to borrowers and managing them well is only one part of the process. You also must ensure that you’re following all federal and state regulations like the Equal Credit Opportunity Act and the Fair Debt Collection Practices Act.