defi INSIGHT

Insights into Modern Lending

 

loan servicing compliance guide
A LOAN SERVICING COMPLIANCE GUIDE FOR CREDIT UNIONS
Following a loan servicing compliance guide and relying on experts to guide you can help protect your credit union members. Just
Read more.
loan servicing companies community bank
WHY SOME COMMUNITY BANKS USE LOAN SERVICING COMPANIES
The community banking industry is abuzz over loan servicing companies. Third-party loan servicing is one of the biggest community banking trends
Read more.
loan servicing companies credit union
WHAT CREDIT UNIONS WANT FROM LOAN SERVICING COMPANIES
Credit unions want to offer their members exceptional lending services. That’s tough to do when member expectations rise every year. As
Read more.
loan servicing compliance guide
WHAT TO LOOK FOR WHEN CONSIDERING LOAN SERVICING COMPANIES
Many lenders are getting out of the loan servicing business altogether because it’s too difficult and costly to manage. This is
Read more.
back office outsourcing community bank
THE BENEFITS OF BACK OFFICE OUTSOURCING FOR COMMUNITY BANKS
Having an efficient back office that essentially runs itself is one of the best ways to stand out in today’s saturated
Read more.
loan servicing companies credit union
COULD BACK OFFICE OUTSOURCING IMPROVE SERVICE FOR YOUR CREDIT UNION MEMBERS?
If you’re looking to improve your customer service specifically, here are just a few of the back office tasks you can
Read more.
loan servicing compliance guide
5 BACK-OFFICE OUTSOURCING MUST-HAVES FOR LOAN SERVICING
If you don’t have an efficient and well-staffed back office, then your front office will suffer. This is where back-office outsourcing
Read more.
community bank risk management
COMMUNITY BANK RISK MANAGEMENT
The main problem is that community banks don’t have as many risk management resources at their disposal as larger federal banks.
Read more.
community bank risk management
CREDIT UNION RISK MANAGEMENT
Internal risks tied to credit and compliance are far easier to manage thanks to advancements in loan origination solutions. Let’s take
Read more.
vehicle remarketing services
VEHICLE REMARKETING SERVICES FOR COMMUNITY BANKS
Lending and leasing for vehicles can involve remarketing off-lease and repossessed vehicles. At the end of those contracts, many community banks
Read more.
vehicle remarketing services
A VEHICLE AUCTION AND DISPOSITION FAQ FOR CREDIT UNIONS
For many credit unions, vehicle auctions detract from their core financial focus. The complex relationships between auction houses and transporters, along
Read more.
loan servicing companies community bank
CUSTOMER SERVICE OUTSOURCING DO’S AND DON’TS FOR COMMUNITY BANKS
Customer service outsourcing is one of the most valuable tools available to community banks. When you outsource customer communications, not only
Read more.
back office outsourcing community bank
CREDIT UNION TECHNOLOGY CHALLENGES
Some of the top credit union technology challenges right now are: Lack of agility in deploying IT resources and services to
Read more.
community bank lending
HOW TO MANAGE COMMUNITY BANK LENDING RISK
Compared with national banks, community banks have the advantage of a main-street understanding of the unique economic climate of the cities
Read more.
loan servicing companies credit union
COMMUNITY BANK TECHNOLOGY TRENDS FOR 2020
It’s not about upgrading to a state-of-the-art system that can handle millions of accounts and loans; it’s about leveraging technology to
Read more.
community bank technology
COMMUNITY BANK TECHNOLOGY: HOW TO PROVIDE COST-EFFECTIVE, INNOVATIVE SERVICES
Major IT advancements now make for quick implementation of innovative services, so that community banks can realize the benefits of the
Read more.
back office outsourcing community bank
CREDIT UNION LENDING SYSTEMS: A SELECTION GUIDE
The sustained economic growth of recent months and an optimistic outlook presents credit unions with an opportunity and a challenge. There’s
Read more.
loan servicing companies community bank
THE TOP CREDIT UNION TECHNOLOGY TRENDS FOR 2020
By embracing the latest technology and innovations, even the smallest community credit unions can thrive in a saturated market. In this
Read more.
community bank lending
COLLECTIONS MANAGEMENT RISK REDUCTION STARTS WITH SOFTWARE
As you begin the process of evaluating lease management service providers, use this concise list of attributes and capabilities to assess
Read more.
delinquent account recovery
HOW TO MAXIMIZE DELINQUENT ACCOUNT RECOVERY
Delinquent account recovery is a serious financial drain for lenders. Mailing out late statements and hiring staff to call debtors daily
Read more.
back office outsourcing community bank
AUTO LEASE SERVICING PROVIDER MUST-HAVES
With leases being a significant portion of the new vehicle market, dealers and lenders are looking for the most efficient ways
Read more.
loan servicing compliance guide
CHOOSING A VEHICLE LEASE MANAGEMENT SERVICE PROVIDER
As you begin the process of evaluating lease management service providers, use this concise list of attributes and capabilities to assess
Read more.
Auto Loan Delinquency Statistics
AUTO LOAN DELINQUENCY STATISTICS 2020
Despite an economy that continues to roll along and a stock market setting new records, several factors are contributing to delinquencies
Read more.
delinquent account recovery
LOAN MANAGEMENT SOFTWARE TRENDS FOR 2020
The big loan management software trends for 2020 focus on achieving two major goals: Reducing risk and identifying new lending opportunities.
Read more.
loan servicing compliance guide
ANALYTICS-BASED LENDING AND PORTFOLIO RISK MITIGATION
Analytics-based lending helps improves the speed and quality of lending decisions while simultaneously reducing risk. Two developments in lending technology offer
Read more.
community bank lending
INTEGRATED BANKING FRAUD DETECTION SOFTWARE
With seismic enhancements in fraud detection software, banks can now catch fraudsters quicker while improving the flow of non-fraud borrowers. We’ve
Read more.
loan servicing companies community bank
ACCOUNT TAKEOVER FRAUD PREVENTION FOR LENDERS
In an account takeover, an individual or well-organized cartel obtains access to a consumer’s account, changes login credentials or personal data,
Read more.
Auto Loan Delinquency Statistics
THE BEST BANKING FRAUD DETECTION FOR LENDERS
The ease of committing fraud using online resources has made banking fraud detection necessary for loan origination.
Read more.
back office outsourcing community bank
HOW LENDERS CAN PREVENT LOAN STACKING
Loan applications are often sent to multiple lenders simultaneously. The action is called loan stacking, and it can help address a
Read more.
community bank lending
LENDING FRAUD ANALYSIS: HOW THE PROS DO IT
One recent lending fraud analysis estimated that one in 123 mortgage applications, or 0.81% of all applications, contained indications of fraud
Read more.
loan servicing compliance guide
2019- 2020 ONLINE LOAN ORIGINATION PLATFORM SELECTION GUIDE
There are two major growth drivers of online loan originations. The first is demographic. Millennials, born digital, are now a larger
Read more.
vehicle remarketing services
PHANTOM AUTO LOANS HAUNTING YOU? MIGHT BE YOUR SOFTWARE
Phantom auto loans are a sophisticated scheme to defraud banks, credit unions, and fincos. No car is ever sold. Often, no
Read more.
loan servicing compliance guide
DIGITAL LENDING TECHNOLOGY BENEFITS FOR LENDERS
Anyone who orders from Amazon regularly understands the advantages of a completely digital process. Order in seconds. Delivery in 2 days
Read more.
community bank risk management
HOW THE BEST LENDERS SPOT STRAW BUYER RED FLAGS
What are the straw buyer red flags that lenders can use to identify fraud and prevent it from hurting portfolio performance?
Read more.
community bank lending
LOAN DOWN PAYMENT FRAUD DETECTION
Down Payment Fraud Detection Key Points: 1) Loan fraud is on the rise with false identities as a leading scheme 2)
Read more.
loan servicing companies community bank
ALTERNATIVE CREDIT DATA: MANAGING PORTFOLIO RISK
Lenders have long relied heavily on scores from the big three credit bureaus. However, the bureaus have recognized that alternative credit
Read more.
vehicle remarketing services
AUTO FINANCE INDUSTRY TRENDS 2020
Today’s lending market looks very different than it did even just a handful of years ago. More customers are checking auto
Read more.
loan servicing compliance guide
HOW TO HIRE THE BEST BUSINESS PROCESS AUTOMATION COMPANIES IN THE BANKING INDUSTRY
Business process automation (BPA) replaces inconsistently-executed manual activities with consistently-executed workflows and decisions. The result for financial services providers: Lower processing
Read more.
loan servicing companies credit union
WHICH ALTERNATIVE CREDIT SCORE COMPANIES ARE BEST?
The best LOS systems calculate alternative credit scores for each loan type offered. To start collecting alternative credit data on your
Read more.
auto loan default statistics
AUTO LOAN DEFAULT STATISTICS 2020
According to the New York Fed, US subprime loans are going delinquent at rates unseen since the Great Recession. Auto loan
Read more.
back office outsourcing community bank
HOW TO SELECT THE BEST COMMERCIAL LENDING SOFTWARE VENDORS
According to the American Bankers Association, only half of large banks and 38% of small banks currently use an online or
Read more.
loan servicing companies community bank
MILLENNIAL BANKING TRENDS: HOW LENDERS ARE ADAPTING
The millions of people born in the US sometime between the early 1980s and mid-1990s now outnumber baby boomers. For banks,
Read more.
delinquent account recovery
LOAN ANALYTICS SOFTWARE FOR THE BANKING INDUSTRY
Big data has transformed businesses in every industry. Banks now use data acquired from nearly every step of the loan origination
Read more.
community bank risk management
BUSINESS PROCESS AUTOMATION FOR BANKING LOAN ORIGINATION
Business process automation has helped the banking industry bring efficiency to high-volume processes. It brings speed and accuracy to account openings
Read more.
loan servicing compliance guide
WHICH LOAN ORIGINATION SYSTEM SOFTWARE IS BEST FOR YOUR ORGANIZATION?
It’s an exciting time to be in the lending industry. Major technological advances in loan origination system software have made it
Read more.
community bank lending
THE PROS AND CONS OF SELECTING LOAN ORIGINATION SYSTEM VENDORS BASED ON MARKET SHARE
Lenders looking for an LOS often start by checking loan origination system market share. That can reveal industry leaders and niche
Read more.
loan servicing compliance guide
4 MUST-HAVE LOAN ORIGINATION SYSTEM FEATURES FOR COMPETITIVE LENDERS
The lending industry is evolving. Quickly. Innovative new loan origination system (LOS) features are helping lenders stay ahead, even in competitive
Read more.
community bank lending
USED VEHICLE VALUATION TIRE-KICKING RULE # 1: DON’T GUESS
It’s impossible to tell precisely how much a used vehicle is worth without detailed historical data. You can kick the tires
Read more.
Auto Loan Delinquency Statistics
BUILDING A LOAN ORIGINATION SYSTEM USING SALESFORCE? READ THIS FIRST.
Salesforce has developed a lending solution built on its CRM platform. Financial services providers that have invested in Salesforce and want
Read more.
community bank technology
LENDING SOFTWARE: HOW IT HELPS IN A RECESSION
As of this writing, there’s no pending recession, though there’s frequent speculation of a downturn, perhaps in 2020. When that downturn
Read more.
loan servicing compliance guide
LENDING SOLUTION IT SPENDING: SETTING PRIORITIES
Information technology (IT) has transformed the way modern lending works. Fincos, banks, and credit unions have access to more lending solutions
Read more.
delinquent account recovery
FINTECH DISRUPTION IN LENDING 2019
Mentioned in the context of a technology discussion, disruption invariably means innovation. The world of finance is undergoing disruption, and as
Read more.
loan servicing compliance guide
BIG-TIME ANALYTICS FOR SMALLER LENDERS
Large lending institutions often have personnel dedicated to analytics. These professionals have backgrounds in statistics, knowledge of SQL query language, and
Read more.
community bank risk management
THE BENEFITS OF CREDIT RISK MANAGEMENT AUTOMATION FOR LENDERS
For many lenders, credit risk management depends on years of experience. Their credit risk expertise is a mix of shrewd loan
Read more.
community bank lending
FOUR WAYS DECISION RULES DRIVE LOAN ORIGINATION AUTOMATION
Decision rules are a big reason why modern, cloud-based loan origination solutions are so efficient. Decision rules may be used in
Read more.
loan origination business rules
HOW LOAN ORIGINATION BUSINESS RULES REV AUTO LENDING
Advancements in fintech are transforming loan origination into an increasingly-automated process. Loan applications are now often turned into booked loans with
Read more.
delinquent account recovery
IS IT TIME TO UPGRADE YOUR AUTO LENDING PLATFORM?
If you can’t remember when your current auto lending platform was originally implemented, it’s probably time to consider an upgrade. Technological
Read more.
loan origination business rules
HOW AUTOMATING AUTO LOAN VALIDATIONS AND STIPULATIONS CAN IMPROVE YOUR LOAN PORTFOLIO
Automation is continually improving auto lending process efficiency, along with the quality and consistency of lending decisions. Replacing manual, mundane tasks
Read more.
loan servicing compliance guide
AUTO DEALER LOAN FRAUD PREVENTION STARTS WITH AN LOS UPDATE
Fraud has many faces. Auto dealer loan fraud isn’t as frequent as income, employment, or identity fraud by individuals and fraud
Read more.
community bank lending
HOW MOBILE APPS IMPROVE YOUR DIRECT LENDING OPPORTUNITIES
J.D. Power’s 2018 U.S. Consumer Financing Satisfaction Study, cited in Automotive News, highlighted the value and benefit of easy-to-use mobile apps.
Read more.
Auto Loan Delinquency Statistics
ARE LONG-TERM AUTO LOANS A BAD IDEA?
Q: Are long-term auto loans a bad idea? A: It depends on who you ask. If you ask borrowers, they can
Read more.
vehicle remarketing services
3 AUTO FINANCE ANALYTICS INNOVATIONS
Auto finance analytics are usually the domain of specialists schooled in the finer points of finance and advanced statistics. Some specialists
Read more.
loan servicing companies community bank
HOW TRENDED DATA CREDIT 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 and
Read more.
delinquent account recovery
HOW TRENDED CREDIT DATA HELPS YOU APPROVE MORE LOANS WITHOUT MORE RISK
The major credit bureaus now provide lenders with trended credit data reports to complement traditional credit scores. This gives lenders greater
Read more.
loan servicing compliance guide
IMPROVING YOUR LOS: A TRENDED CREDIT DATA REPORT EXAMPLE
The major credit bureaus now provide lenders with trended credit data reports to complement traditional credit scores. This gives lenders greater
Read more.
community bank risk management
SUBPRIME AUTO BUBBLE: WHEN, HOW, AND WHAT TO DO ABOUT IT
  Outstanding auto loan debt reached $1.27 trillion in the final quarter of 2018. Earlier this year the New York ...
Read more.
delinquent account recovery
USING TRENDED CREDIT DATA FOR BETTER LENDING DECISIONS
  You can draw immediate conclusions from a credit score, especially scores at extreme ends of the credit scoring range. ...
Read more.
community bank lending
UPGRADING TO AN LOS WITH INTEGRATED DMS IS WORTH IT. HERE’S WHY.
  J.D. Power reports that nearly 84% of new-vehicle buyers in 2018 arranged financing through a dealership. For lenders, that ...
Read more.
community bank risk management
WHICH CREDIT BUREAU DATA SHOULD AUTO LENDERS USE?
When’s the last time you thought about your credit bureau data? If you’re like most auto lenders, you usually don’t ...
Read more.
community bank lending
DIGITAL NOTIFICATION STRATEGIES FOR AUTO LENDERS
Fintech innovation is reshaping auto financing into a streamlined customer experience, as Boston Consulting Group (BCG) notes in Staying Ahead ...
Read more.
community bank lending
WHAT TO EXPECT WHEN EXPECTING A NEW SAAS LOAN ORIGINATION SYSTEM
We’ve met a lot of lenders in this situation: Their legacy loan origination system has become too pricey to maintain. ...
Read more.
loan servicing companies community bank
AUTO LOANS FOR MILLENNIALS: WHAT YOU NEED TO KNOW
According to U.S. Census Bureau population projections, millennials are expected to overtake Baby Boomers in 2019 as the younger group’s ...
Read more.
delinquent account recovery
HOW AUTO LENDERS CAN PROSPER DURING DOWNTURNS
With 17 million vehicles sold in 2018 and 16.8 million new cars and light trucks predicted in 2019 by NADA, ...
Read more.
loan servicing compliance guide
USED VS. NEW FOR AUTO LENDERS: WHY CUSTOMERS CHOOSE USED
U.S. News and World Report succinctly contrasts the pros and cons of buying new vs. used cars. In today’s auto ...
Read more.
Canadian auto lending market
CANADIAN AUTO LENDING MARKET TRENDS
  The Transunion Q4 2018 Industry Insights Report describes a relatively smooth road ahead for the Canadian credit market in ...
Read more.
community bank lending
AUTO FINANCING TRENDS: RIDESHARING, CAR SHARING, SUBSCRIPTIONS, AND AUTONOMOUS VEHICLES
Four growing trends, driven by technology and millennial usage and behavior, are depressing vehicle ownership, and, consequently, auto financing. Uber ...
Read more.
Auto Loan Delinquency Statistics
HOW IMPROVED FRAUD RECOGNITION REDUCES DELINQUENCIES AND DEFAULTS
  Delinquency and default rates remain relatively stable, according to a recent Experian report. While that may be comforting news, ...
Read more.
loan servicing companies credit union
WHY AUTO LENDERS ARE REPLACING HOME-GROWN LENDING SOFTWARE WITH CLOUD-BASED SOLUTIONS
  With auto sales having peaked in 2017, lenders need every advantage to stay profitable. The industry is also adjusting ...
Read more.
delinquent account recovery
CLOUD LOAN SOFTWARE, AWS, AND SAAS: LOS MUST-HAVES
If your loan origination software (LOS) runs on servers located in your facility, annual licensing and maintenance costs are increasing, ...
Read more.
auto loan straw buyers
AUTO LOAN STRAW BUYERS AND OTHER FRAUDSTERS
The most painful way to learn about auto loan straw buyers is to become their fraud victim. According to PointPredictive, ...
Read more.
community bank risk management
EMPLOYMENT MISREPRESENTATION IN AUTO LOAN APPLICATIONS
It’s the last day of the month. The dealer’s numbers are good, but one more deal would make it a ...
Read more.
Auto Loan Delinquency Statistics
INCOME MISREPRESENTATION AND AUTO LOAN APPLICATION FRAUD
You’ve processed hundreds to thousands of auto loan applications this month. Some lending decisions were near-instantaneous—auto approval and auto declines—aided ...
Read more.
vehicle remarketing services
IT’S EASY TO MISREPRESENT INFORMATION ON AUTO LOAN APPLICATIONS
What percentage of the auto loan applications you received this month intentionally misrepresented information about the borrower, vehicle, or dealer? ...
Read more.
loan servicing companies community bank
THE RISE OF FRAUD AND MISREPRESENTATION IN AUTO LOAN ORIGINATION
While fraud has always been a problem with auto loans, technology is making it easier to get a steal of ...
Read more.
Auto Loan Delinquency Statistics
HOW TO FIGHT AUTO LENDING FRAUD
Anti-theft technology has reduced the incidence of traditional auto theft. So thieves have shifted to auto lending fraud. If you ...
Read more.
vehicle remarketing services
HOW AUTO STRUCTURING CAPTURES MORE AUTO LOANS
In a competitive auto lending market, what gives you the greatest advantage in capturing more auto loans and growing your ...
Read more.
loan servicing compliance guide
IT’S TIME TO TRADE EXCEL & ACCESS FOR INTEGRATED AUTO LOAN ANALYTICS
If you’re a lender with a legacy auto lending solution, you likely know you should upgrade to one with integrated ...
Read more.
delinquent account recovery
WHY YOU NEED ANALYTICS AND REAL-TIME REPORTING FOR AUTO LENDING EFFICIENCY AND PROFITABILITY
The rise of big data is transforming how organizations plan, manage, and evaluate their businesses. Auto lending is no different. ...
Read more.
loan servicing companies community bank
HOW INTEGRATED ANALYTICS IMPROVES AUTO LOS EFFICIENCY
Big data and analytics are transforming every process- and data-intensive industry. Organizations that fail to recognize the value (and the ...
Read more.
loan servicing companies credit union
HOW ANALYTICS HELP LENDERS MAINTAIN AUTO LENDING COMPLIANCE
Maintaining regulatory compliance requires a focused and continued effort. Lenders need to understand frequently-changing federal and state regulations and translate ...
Read more.
community bank lending
OPTIMIZE YOUR UNDERWRITING PROCESSES WITH AUTO LENDING ANALYTICS
Only a fraction of banks, credit unions, and fincos use the full power of auto lending analytics to their advantage. ...
Read more.
community bank lending
ACCELERATE AUTO LOAN ORIGINATION BY REPLACING PAPER WITH DIGITAL
Advances in fintech bring ever-greater efficiency to the auto purchasing experience. Cloud, mobile, and the wealth of automotive information available ...
Read more.
loan origination business rules
ECONTRACTS: ESIGNATURES MAKE LOAN ORIGINATION FAST AND SECURE
Anyone with years of experience in lending knows paperwork has become voluminous as a result of new regulations. Paperwork is ...
Read more.
vehicle remarketing services
APPLY-ANYWHERE AUTO LOANS: MOBILE LOAN CONVENIENCE
The combination of cloud, wireless, and mobile technologies have created consumer expectations of convenient commerce. Business transactions that once could ...
Read more.
community bank lending
HOW DIGITAL DOCUMENTS ENSURE AUTO LENDING REGULATORY COMPLIANCE
Banks, credit unions, and fincos with auto lending operations can improve efficiency and reduce costs by replacing paper documents with ...
Read more.
community bank technology
INCREASING CAPTURE RATES WITH CONFIGURABLE MOBILE AUTO LOAN APPLICATIONS
Per Automotive News, 2018 vehicle sales, with few exceptions, continue to disappoint. There are many reasons for the sales plateau. ...
Read more.
vehicle remarketing services
MOBILE AUTO LOANS ARE THE FUTURE OF DIRECT AUTO LENDING
An ever-increasing number of business transactions are conducted via mobile devices. Statistics from Cyber Monday 2018 indicate more than a ...
Read more.
delinquent account recovery
WHAT 2018 AUTO LOAN DELINQUENCY RATES MEAN FOR 2019
How concerned should you be about 2018 auto loan delinquency rates? The answer depends on your credit policies, their effect ...
Read more.
community bank risk management
TOP 3 AUTO LOAN RISK ASSESSMENT SOFTWARE CONSIDERATIONS
Modern lending solutions take advantage of the latest fintech capabilities to help you assess and effectively manage risk throughout the ...
Read more.
loan servicing compliance guide
WHAT YOU NEED TO KNOW ABOUT AUTO LOAN DELINQUENCY STATISTICS
The headline of the Federal Reserve Bank of Kansas City’s Macro Bulletin summarizes the Q2 2018 auto loan delinquency statistics: ...
Read more.
Auto Loan Delinquency Statistics
AUTO LOAN PORTFOLIO RISK MANAGEMENT: PROBLEMS TO AVOID
Experian’s State of the Automotive Finance Market – A look at loans and leases in Q2 2018 provides an excellent, ...
Read more.
vehicle remarketing services
HOW TO USE AUTO LENDING RISK MANAGEMENT STRATEGICALLY
A comprehensive auto lending risk management strategy addresses every phase of the lending cycle from applications through servicing. Regular analysis ...
Read more.
community bank risk management
HOW AUTO DELINQUENCY RATES AFFECT YOUR LENDING PORTFOLIO
Auto loan delinquency rates will always be a challenge for lenders, who must balance acceptable risk with profitability. As an ...
Read more.
delinquent account recovery
HOW TO RESPOND TO CAR LOAN DELINQUENCY RATES IN GOOD TIMES AND BAD
The Kansas City Federal Reserve’s MAIN STREET VIEWS Policy Insight Auto Loan Delinquency Rates Are Rising, but Mostly among Subprime ...
Read more.
community bank risk management
AUTO LOAN RISK MANAGEMENT FOR YOUR PORTFOLIO
With auto sales in decline in 2018, lenders are looking for options to build a profitable portfolio. There’s always the ...
Read more.
community bank lending
HOW AN LOS LOCKS IN TILA COMPLIANCE
It should be easy to comply with the Truth In Lending Act (TILA), more commonly referred to as Regulation Z ...
Read more.
Auto Loan Delinquency Statistics
USING AUTO LOAN PORTFOLIO RISK ASSESSMENT WITH AN LOS
A regular practice of auto loan portfolio risk assessment allows lenders to continually evaluate and adjust their credit policies in ...
Read more.
community bank risk management
THE BENEFITS OF DIGITAL AUTO LOAN UNDERWRITING WORKFLOWS
The concept of workflow has been around for decades. The assembly line instituted by Henry Ford was the shining example ...
Read more.
vehicle remarketing services
THE AUTO LOAN DELINQUENCY TRENDS THAT MATTER
How worried should you be about current auto lending market and delinquency trends? Subprime auto loan delinquencies have been on the ...
Read more.
loan servicing compliance guide
AUTO LENDING RISK ASSESSMENT FACTORS YOU CAN’T OVERLOOK
Risk is an inherent part of the auto lending industry. Initially, risk was almost exclusively associated with the criteria and ...
Read more.
loan servicing compliance guide
3 KEY PROBLEMS WITH AUTO LENDING ANALYTICS AND HOW TO AVOID THEM
The auto lending process—applications through final payments—creates volumes of valuable applicant, borrower, process, and portfolio data for lenders. When auto ...
Read more.
delinquent account recovery
WHAT LOAN MANAGEMENT SYSTEM CONFIGURATION DOES FOR YOU
How easily can you make modifications or customize your loan management system to meet current (and future) lending needs? It ...
Read more.
delinquent account recovery
WHY AUTO LOAN PORTFOLIO ANALYTICS ARE SO VALUABLE
If you’ve been in the auto lending business for any length of time, you’ve captured or created volumes of applicant, ...
Read more.
loan servicing companies credit union
HOW TO SELECT THE BEST LOAN SOFTWARE FOR CREDIT UNIONS
Credit unions are experiencing a surge in auto lending. That was one of the pieces of good news for auto ...
Read more.
community bank risk management
THE BENEFITS OF AUTOMATION FOR AUTO LOAN COMPLIANCE
Today’s robots and long-gone steam engines have something in common: Automation. The essence of automation is the replacement of a ...
Read more.
community bank technology
DIGITAL LOAN PROCESSING: WHAT’S IN IT FOR YOU
What’s in it for me? That’s a legitimate question for every lender to ask when evaluating the features, capabilities, and ...
Read more.
loan servicing compliance guide
USING AUTO LOAN DECISIONING RULES TO ACHIEVE COMPLIANCE
Auto lending regulations are the result of consumer advocates, industry lobbyists, and government officials proposing, negotiating, and compromising to bring ...
Read more.
community bank risk management
UNDERWRITING COMPLIANCE: HOW TO ACHIEVE, MAINTAIN, AND DEMONSTRATE IT
How do you balance the demands of operating an efficient and profitable lending business while complying with increasing regulations? The ...
Read more.
community bank risk management
HOW TO REDUCE LENDING RISK WITH ALTERNATIVE CREDIT DATA
What degree of lending risk are you willing to tolerate? You probably ask yourself this daily.  Your answer varies with ...
Read more.
community bank lending
2018 AUTO LOAN DEFAULT STATISTICS: KEEPING THE REAL HORSEPOWER IN YOUR PORTFOLIO
Hybrid cars don’t use any gas going downhill, so their drivers often coast as long as possible, increasing their overall ...
Read more.
loan servicing companies community bank
HOW AUTO DECISIONING IMPACTS LENDING PRACTICES
How will the second half of 2018 play out for auto lenders? Will tariffs, trade wars, higher gas prices, rising ...
Read more.
loan origination business rules
HOW TO MEET THE CHALLENGES OF AUTO LOAN COMPLIANCE
Either you’re compliant or you’re not. In the long run, achieving compliance is the easier choice, but it does require ...
Read more.
delinquent account recovery
YOUR LOAN MANAGEMENT SOFTWARE SHOULD BE CLOUD-BASED. HERE’S WHY.
Cloud computing has been around for more than a decade. It has changed the way that software is developed, delivered, ...
Read more.
loan servicing companies credit union
ALTERNATIVE CREDIT DATA CREATES NEW LENDING OPPORTUNITIES
The true value of gathering and storing data from an ever-increasing number of sources is our ability to gain insight ...
Read more.
community bank lending
WHY YOU NEED A DIGITAL LENDING PROCESS
If you haven’t updated your legacy lending system in a while, or are looking for something better, you’re in the ...
Read more.
loan servicing compliance guide
HOW TO CHOOSE THE BEST LOAN ORIGINATION SYSTEM VENDOR FOR YOUR BUSINESS
Pretend your current loan origination system is an automobile. How would you describe it— antique, clunker, ready for recycling, gas ...
Read more.
loan origination business rules
THE ADVANTAGES OF AN AUTOMATED LOAN PROCESSING SYSTEM
You can’t go a day without the benefits of automation. From better-quality automobiles to robotic picking and packing at Amazon ...
Read more.
vehicle remarketing services
AUTO FINANCE NEWS THAT WILL SHAPE LOAN PROCESSING 2018-2019
2018’s big auto finance news is that the US House and Senate voted to repeal the CFPB decree on auto-loan ...
Read more.
community bank lending
HOW TO IMPROVE LENDING AND OPERATIONAL EFFICIENCY IN THE BANKING SECTOR
Declining auto sales and fewer loan opportunities are increasing competition among lenders. In these challenging market conditions, improving lending and ...
Read more.
back office outsourcing community bank
HOW TO KEEP UP WITH INDIRECT AUTO LENDING COMPLIANCE REGULATIONS
Tension and uncertainty created by the CFPB’s 2013 Indirect Auto Lending Bulletin evaporated April 18, 2018, when the US Senate ...
Read more.
community bank lending
HOW INTEGRATED LENDING PROCESS SERVICES CAN IMPROVE YOUR LOAN PROGRAM
Whenever I fix something at home, I gather everything I’ll need to make it happen: tools, supplies, instructions—the lot. Sometimes ...
Read more.
vehicle remarketing services
AUTO FINANCE INDUSTRY TRENDS THAT WILL DISRUPT LENDING AS WE KNOW IT IN 2019
Let’s begin with this top-of-mind, worrisome auto finance industry trend: After years of growth, auto sales are declining. It’s a ...
Read more.
loan servicing companies credit union
HOW NEW LENDING TECHNOLOGY IS RESHAPING THE LOAN ORIGINATION PROCESS
Technology: Does it help or hinder society? From a personal perspective, there’s nothing to debate. Daily, we enjoy the benefits ...
Read more.
community bank technology
3 LOAN PROCESS IMPROVEMENT IDEAS IN BANKING TO OPTIMIZE LENDING PRACTICES
Over the last decade, banks and credit unions, have adopted mobile and web technologies with unprecedented, and in some ways ...
Read more.
community bank risk management
5 KEY FEATURES YOUR LOAN ORIGINATION PLATFORM MUST HAVE
Unprecedented technological advances in the last decade have sparked great efficiencies in the auto industry. Design, prototyping, and manufacturing techniques, ...
Read more.
delinquent account recovery
HOW TO BYPASS 2018 AUTO LOAN DELINQUENCY TRENDS AND DATA WITH 3 KEY LENDER STRATEGIES
In recent years, the US has experienced a growing economy, low interest rates, and a downward unemployment trend. Auto lending, ...
Read more.

INTERESTED IN BECOMING A
defi SOLUTIONS PARTNER?

(Visited 4,517 times, 2 visits today)