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Category Archive

Below you'll find a list of all posts that have been categorized as “X-General News”

defi REMARKETING EXTENDS AUCTION OF THE YEAR TO ADESA CINCINNATI/DAYTON FOR THE SECOND YEAR IN A ROW

Charlie Lewis March 3, 2020Outsourced Servicing, Remarketing, X-General News

For the second time in as many years, defi SOLUTIONS’s defi REMARKETING has presented its Auction of the Year Award…

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vehicle remarketing services

VEHICLE REMARKETING SERVICES FOR COMMUNITY BANKS

The defi Team February 25, 2020X-General News

Lending and leasing for vehicles can involve remarketing off-lease and repossessed vehicles. At the end of those contracts, many community…

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loan servicing software community bank small business

HOW TO MANAGE COMMUNITY BANK LENDING RISK

The defi Team February 6, 2020X-General News

Compared with national banks, community banks have the advantage of a main-street understanding of the unique economic climate of the…

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Auto loan application approved with a dollar and coins laying over it.

COMMUNITY BANK TECHNOLOGY: HOW TO PROVIDE COST-EFFECTIVE, INNOVATIVE SERVICES

The defi Team January 30, 2020X-General News

Major IT advancements now make for quick implementation of innovative services, so that community banks can realize the benefits of…

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Auto Loan Delinquency Statistics

AUTO LOAN DELINQUENCY STATISTICS 2020

The defi Team January 2, 2020X-General News

Despite an economy that continues to roll along and a stock market setting new records, several factors are contributing to…

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Illustrated graphic of maney and coins with an upwards arrow, loosely representing auto loan servicing for credit union portfolios

LOAN MANAGEMENT SOFTWARE TRENDS FOR 2020

The defi Team December 19, 2019X-General News

The big loan management software trends for 2020 focus on achieving two major goals: Reducing risk and identifying new lending…

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WHAT THE MOVIE “BIG” TEACHES ABOUT SCALING YOUR SERVICING OPERATION

Charlie Lewis December 18, 2019Outsourced Servicing, Servicing Systems, X-General News

by Brandy Bissett If the movie “Big” has taught us anything, it’s that growing overnight, especially when you’re not ready…

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5 KEY BENEFITS OF PARTNERING WITH A THIRD-PARTY VEHICLE REMARKETER

Charlie Lewis December 3, 2019Outsourced Servicing, Remarketing, X-General News

By Brandy Bissett The vehicle remarketing process can pose challenges to lenders of all sizes. Managing a sudden increase in…

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HOW WARM IS YOUR WELCOME

Charlie Lewis November 20, 2019Outsourced Servicing, X-General News

By Brandy Bissett The most successful auto servicers treat the welcome call as more than just a formality to perform…

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loan servicing software community bank small business

LENDING FRAUD ANALYSIS: HOW THE PROS DO IT

The defi Team November 19, 2019X-General News

One recent lending fraud analysis estimated that one in 123 mortgage applications, or 0.81% of all applications, contained indications of…

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vehicle remarketing services

PHANTOM AUTO LOANS HAUNTING YOU? MIGHT BE YOUR SOFTWARE

The defi Team November 12, 2019X-General News

Phantom auto loans are a sophisticated scheme to defraud banks, credit unions, and fincos. No car is ever sold. Often,…

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small business loan servicing solutions

DIGITAL LENDING TECHNOLOGY BENEFITS FOR LENDERS

The defi Team November 7, 2019X-General News

Anyone who orders from Amazon regularly understands the advantages of a completely digital process. Order in seconds. Delivery in 2…

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