Below you'll find a list of all posts that have been categorized as “Originations”
According to the American Bankers Association, only half of large banks and 38% of small banks currently use an online or digital loan origination channel. Commercial lending software makes it easy to quickly calculate loan periods, track collateral, and estimate cash flow.
Big data has transformed businesses in every industry. Banks now use data acquired from nearly every step of the loan origination process. The reward: Detailed insight that can be applied to continuously improve lending efficiency and profitability.
It’s an exciting time to be in the lending industry. Major technological advances in loan origination system software have made it easier than ever to process loan applications and automate decisioning. Computers are now doing most of the tedious work, saving organizations hours of potentially wasted time and countless resources.
Advancements in fintech are transforming loan origination into an increasingly-automated process. Loan applications are now often turned into booked loans with little to no intervention from an underwriter. Underlying this automation is a set of loan origination business rules.
The headline of the Federal Reserve Bank of Kansas City’s Macro Bulletin summarizes the Q2 2018 auto loan delinquency statistics: …
Experian’s State of the Automotive Finance Market – A look at loans and leases in Q2 2018 provides an excellent, …
A comprehensive auto lending risk management strategy addresses every phase of the lending cycle from applications through servicing. Regular analysis …
Auto loan delinquency rates will always be a challenge for lenders, who must balance acceptable risk with profitability. As an …
It should be easy to comply with the Truth In Lending Act (TILA), more commonly referred to as Regulation Z …
A regular practice of auto loan portfolio risk assessment allows lenders to continually evaluate and adjust their credit policies in …
The concept of workflow has been around for decades. The assembly line instituted by Henry Ford was the shining example …
If you’ve been in the auto lending business for any length of time, you’ve captured or created volumes of applicant, …
