COVID-19 is redefining the notion of risk in nearly every facet of the global economy, forcing financial institutions to rethink …
THREE UNANTICIPATED AUTO LENDING TRENDS IN 2020
In late 2019 many industry publications highlighted the expected auto lending trends for 2020 anticipated by J.D. Powers, Fitch, and …
FINDING THE BEST LOAN SERVICING SOLUTIONS FOR COMMUNITY BANKS
Community banks have a lot on their plates. From customer service to payment processing, there are thousands of important tasks …
WHY OUTSOURCING CAR LOAN CUSTOMER CARE MAKES SENSE
Customer care is the bread and butter of the auto lending industry. While it’s important to have reliable loan origination …
WHY OUTSOURCING AUTO LOAN SERVICING MAY BE MORE COST-EFFECTIVE
Auto lenders facing the uncertainties of the current economic climate are looking for every opportunity to reduce operating costs. For …
THE BEST SMALL BUSINESS LOAN SERVICING SOFTWARE FOR COMMUNITY BANKS
Pause for a moment and take a close look at your loan servicing process. Is it as efficient as it …
SMALL BUSINESS LOAN SERVICING SOLUTIONS: WHAT TO LOOK FOR
Lenders anticipating an increase in small business loans may be rethinking their approach to loan servicing. Many lenders who built …
THE BEST LOAN SERVICING PLATFORM FOR COMMUNITY BANKS
Many community banks are now evaluating loan servicing platforms from specialist providers to improve efficiency.
THE BEST LOAN SERVICING PLATFORM FOR CREDIT UNIONS
Our guide covers seven qualities of an excellent loan servicing platform to ensure the greatest impact on your operational efficiency
HOW COMMUNITY BANKS ARE USING ALTERNATIVE CREDIT DATA
Alternative data is helping community banks identify new opportunities and reduce risk.
LOAN SERVICING COMPLIANCE MUST-HAVES FOR COMMUNITY BANKERS
Loan servicing compliance is one of the most important things community bankers think about when they manage their loan portfolios. Yet providing competitive loans to borrowers and managing them well is only one part of the process. You also must ensure that you’re following all federal and state regulations like the Equal Credit Opportunity Act and the Fair Debt Collection Practices Act.
WHY SOME COMMUNITY BANKS USE LOAN SERVICING PROVIDERS
The community banking industry is abuzz over loan servicing companies. Third-party loan servicing is one of the biggest community banking trends of the decade. The loan servicing software market is a $522.3 million industry and is expected to grow to a $785.6 million industry over the next five years.
