U.S. loan origination regulations and rules are based on laws and industry standards designed to ensure transparency, fairness, and financial…
ON COMPLIANCE: NEW HAMPSHIRE’S HB 1243
By Michael Gordan, defi SOLUTIONS VP, Compliance In the criminal law realm, passing a retroactively effective bill is almost certain…
A LOAN SERVICING COMPLIANCE GUIDE FOR CREDIT UNIONS
Following a loan servicing compliance guide and relying on experts to guide you can help protect your credit union members….
LOAN APPLICATION UNDERWRITING PROCESS IMPROVEMENT IDEAS FOR LENDERS
Lenders can improve their loan application underwriting process by investing in automation and data analytics to quickly analyze financial history,…
CREDIT RISK MITIGATION TOOLS: THE LATEST INNOVATIONS FOR LENDERS
All lenders seek to reduce credit risk within their portfolios. While some still use manual risk assessment tools, portfolio management…
ON COMPLIANCE: INITIAL DISCOMBOBULATION AROUND CCPA, CPRA, CPPA, CCCP
By Michael Gordan, defi SOLUTIONS VP, Compliance The past five or so years of consumer protection legislation in California may…
CRITICAL POINTS IN THE END-TO-END LENDING PROCESS & HOW THEY ARE CHANGING
Today’s financial technology (fintech) has helped relieve lenders of manual financing processes, decreasing delays and eliminating human error. The finance…
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…
ON COMPLIANCE: THE UCC AND HIGH DRAMA ABOUT CBDC
By Michael Gordan, defi SOLUTIONS VP, Compliance As secured transactions, auto loans are typically guided by the Uniform Commercial Code….
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…
