Loan originations play a crucial role in the lending process, requiring financial institutions to strike a balance between processing applications …
5 LOAN SERVICING CHALLENGES IN THE MODERN MARKET 2023
Consumer finance companies have witnessed a significant shift towards end-to-end lending solutions, particularly accelerated by the COVID-19 pandemic. While the …
5 LOAN SERVICING KPIS LENDERS SHOULD KNOW & TRACK
Lenders heavily rely on borrowers’ willingness and ability to repay loans in order to generate profits. To assess these factors …
LOAN PIPELINE MANAGEMENT EXPLAINED
In essence, a loan pipeline is simply a sales pipeline that pushes loans through pre-qualification to loan funding. Like sales …
UNDERSTANDING DISPARATE IMPACT IN LENDING
Most lenders are well-versed on what discrimination looks like and how to prevent blatant forms of it from occurring within …
IMPLEMENTATION CASE STUDY: ENTERPRISE BANK
A top 50 publicly traded U.S. enterprise bank with more than $30 billion in assets decided to enter the indirect …
COMPARING LEASE AND LOAN MANAGEMENT SOFTWARE SOLUTIONS FOR 2023
Looking ahead to the new year, banks, credit unions, and other lenders are reevaluating how they respond to unexpected economic …
THE BENEFITS OF AI IN AUTO LENDING INDUSTRY
Fintech is being used to automate many processes within the financial services industry, with the auto lending sector being no …
ESSENTIAL MANAGED SERVICES: FINANCE AUTO LOANS THE EASY WAY
Outsourcing has become essential in just about every industry, and the auto finance sector is no exception. Managed services provides …
4 STEPS TO IMPROVE INDIRECT AUTO LENDING FOR CREDIT UNIONS
As a proportion of US auto lending, credit unions now control the highest share of the overall market. According to …
