BLOGS

Insights into Modern Lending

 

Which Loan Origination Software for Banks Should You Choose?

It’s easy to get lulled into thinking that the software you purchased a few years ago is continuing to meet...
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How to Effectively Manage Car Lease or Loan Modification Requests

Established auto lenders have weathered several instances of market turbulence over the decades. The pandemic is yet one more storm...
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How a Loan Servicing App Can Reduce Your Workload and Boost Borrower Satisfaction

Many lenders are receiving an overwhelming number of loan servicing requests in recent months—but why? The impact of COVID-19 plays...
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Minimizing Community Bank Lending Risk During a Financial Crisis

COVID-19 is redefining the notion of risk in nearly every facet of the global economy, forcing financial institutions to rethink...
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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...
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What to Look for When Considering Loan Servicing Providers

Many lenders are getting out of the loan servicing business altogether because it’s too difficult and costly to manage. This is why modern lenders are embracing a better alternative: Third-party...
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Customer Service Outsourcing: Pros and Cons for Auto Lenders

Customer service outsourcing is one of the most valuable tools available to community banks. When you outsource customer communications, not only will customers be more satisfied with your services, you...
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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 provide the best possible loans and services for clients...
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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 their qualifications....
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The Pros and Cons of Selecting LOS 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 players. You’ll get a high-level overview of software functionality...
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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...
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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:...
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