Below you'll find a list of all posts that have been categorized as “Compliance”
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.
Lenders can improve their loan application underwriting process by investing in automation and data analytics to quickly analyze financial history, …
All lenders seek to reduce credit risk within their portfolios. While some still use manual risk assessment tools, portfolio management …
By Michael Gordan, defi SOLUTIONS VP, Compliance The past five or so years of consumer protection legislation in California may …
Today’s financial technology (fintech) has helped relieve lenders of manual financing processes, decreasing delays and eliminating human error. The finance …
To remain competitive, lenders must have modern loan origination systems (LOS) to process and manage loan applications efficiently. Integrations with …
By Michael Gordan, defi SOLUTIONS VP, Compliance As secured transactions, auto loans are typically guided by the Uniform Commercial Code. …
Technology advances incorporated in modern loan origination solutions enable significantly improved efficiency in the underwriting process, specifically through auto decisioning. …
Businesses are always looking to make their operations more efficient, and it’s no different for consumer lenders. Because of its …
The demands necessary to run an efficient, profitable lending operation must be balanced against compliance with constantly changing regulations. These …
Updated on 2/26/24 By leveraging modern technology, financial institutions can make daily interactions with their customers frictionless and effortless. Technology …
A well-defined credit underwriting framework is essential for responsible lending and risk management. To meet the challenges of an ever-changing …
