Technology has significantly impacted direct lending, transforming how lenders operate and serve borrowers. Direct lending refers to the process where…
10 LOAN ORIGINATION TRENDS TO WATCH IN 2024
The loan origination market is experiencing growth, driven by factors like the increasing adoption of digital loan processing tools and…
CONSUMER LENDING CHALLENGES & SOLUTIONS
Lenders face several significant consumer lending challenges in 2024, including credit risk mitigation, fraud detection, and regulatory compliance. In addition,…
HOW CONSUMER LENDING TECHNOLOGY IS CHANGING THE FUTURE OF LENDING
Consumer lending technology is revolutionizing the future of lending by leveraging tools such as automation, cloud computing, and mobile apps….
HOW TO IMPROVE CONSUMER LENDING EXPERIENCE IN 2024
Current trends in the consumer lending experience are driven by digital transformation, personalization, and customer service. The shift towards online…
HOW THE BEST LENDERS SPOT STRAW BUYER RED FLAGS
Most lenders encounter straw buyers at some point but only realize it once a loan defaults without a single payment….
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…
HOW TO IMPROVE YOUR LOAN ORIGINATION BUSINESS
Loan origination businesses face a myriad of challenges, including market volatility that can impact borrower demand and creditworthiness, affecting loan…
7 STRATEGIES TO BUILD YOUR AUTO LOAN PORTFOLIO
The current state of the auto loans and auto lending industry reflects a mix of opportunities and challenges. The sector…
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…
10 LOAN ORIGINATION SYSTEM MODULES A MODERN LOS NEEDS
A modern loan origination system (LOS) is critical for financial institutions to manage the entire loan lifecycle efficiently and effectively….
LOAN PRICING MODEL: KEY CONSIDERATIONS FOR LENDERS
Lenders’ main loan pricing models include cost-plus loan, price leadership, and risk-based pricing models. Each pricing model offers unique benefits…
