To remain competitive, lenders must have modern loan origination systems (LOS) to process and manage loan applications efficiently. Integrations with …
LOAN ORIGINATION SYSTEM REQUIREMENTS & COMPONENTS FOR SUCCESS
Choosing the right loan origination system (LOS) impacts efficiency, customer satisfaction, and regulatory compliance. A modern LOS streamlines the entire …
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. …
7 QUESTIONS TO ASK ABOUT LOAN ORIGINATION SOFTWARE
Modern loan origination software (LOS) is the key to flexible and successful lending. To attain the most profitability from their …
LOAN ORIGINATION & RISK MANAGEMENT: WHAT LENDERS NEED TO KNOW
The ease of committing fraud using online resources has made banking fraud detection necessary for loan origination.
CLOUD-BASED LOAN ORIGINATION SYSTEM: PROS & CONS
Loan originations play a crucial role in the lending process, requiring financial institutions to balance processing applications efficiently and making …
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 …
5 KEY LOAN ORIGINATION PLATFORM FEATURES
Unprecedented technological advances in the last decade or so have driven efficiency in the auto industry. Design, prototyping, manufacturing techniques, …
LOAN APPLICATION FRAUD DETECTION BEST PRACTICES
Loan application fraud is becoming a significant problem for banks and lenders, jeopardizing financial stability and customer trust. For example, …
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 …