The Federal Reserve Bank of St. Louis recently noted that the consumer price index (CPI) for both new and used…
LOAN ORIGINATION SYSTEM (LOS) IMPLEMENTATION STEPS
A loan origination system (LOS) is a crucial tool for lenders because it streamlines and automates the entire loan application…
8 CREDIT UNDERWRITING STRATEGIES FOR LENDERS
Lenders are facing many credit underwriting challenges, such as the evolving landscape of borrower profiles and economic conditions. With alternative…
HOW TO TAKE ADVANTAGE OF ALTERNATIVE CREDIT DATA IN CREDIT UNDERWRITING
Using alternative credit data in credit underwriting can help lenders better understand a borrower’s creditworthiness, especially for those with limited…
LOAN ORIGINATION SYSTEM DESIGN: HOW TO BUILD A SCALABLE LOS PLATFORM
Building a scalable loan origination system design involves several key considerations to ensure efficiency, reliability, and flexibility as your user…
AUTO LOAN ORIGINATION: STRATEGIES FOR ADAPTING TO MARKET CHANGES
The auto loan origination market is changing rapidly, fueled by an increasing demand for streamlined solutions. Lenders want automated solutions…
BUILDING A SALESFORCE LOAN ORIGINATION SYSTEM? READ THIS FIRST
Salesforce has developed a lending solution built on its customer relationship management (CRM) platform. However, lenders who’ve invested in Salesforce…
HOW TRENDED CREDIT DATA REPORTS IMPROVE LOAN ORIGINATION DECISIONS
A trended credit data report paints a more accurate picture of a borrower’s financial position by detailing their spending habits…
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…
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…
