BLOGS

Insights into Modern Lending

 

small business loan servicing solutions
Pretend your current loan origination system is an automobile. How would you describe it— antique, clunker, ready for recycling, gas hog, eco-friendly, best car I’ve ever owned, or just drove ...
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End to end lending process
Modern society depends on automation. Automated assembly lines have largely replaced humans throughout the manufacturing process. Amazon warehouses benefit from picking and packing robots to optimize their operations. Some households ...
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vehicle remarketing services
2018’s big auto finance news is that the US House and Senate voted to repeal the CFPB decree on auto-loan financing. The repeal takes pressure off indirect lenders for the ...
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small business loan servicing solutions
Tension and uncertainty created by the CFPB's 2013 Indirect Auto Lending Bulletin evaporated April 18, 2018, when the US Senate voted to overturn that guidance. The House of Representatives voted ...
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loan servicing software community bank small business
Whenever I fix something at home, I gather everything I’ll need to make it happen: tools, supplies, instructions—the lot. Sometimes I even finish without extra trips to the garage or ...
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vehicle remarketing services
Let’s begin with this top-of-mind, worrisome auto finance industry trend: After years of growth, auto sales are declining. It’s a tough market out there. Sales have been declining since 2017, ...
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Auto loan application approved with a dollar and coins laying over it.
Since the first decade of the 21st century, lenders have increasingly adopted mobile and web technologies to make life easier for their customers. These pioneering technologies now allow customers to ...
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Illustrated graphic of maney and coins with an upwards arrow, loosely representing auto loan servicing for credit union portfolios
In recent years, the US has experienced a growing economy, low interest rates, and a downward unemployment trend. Auto lending, on the other hand, has surprised many by marching in ...
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You may have noticed we’ve been expanding the defi SOLUTIONS Loan Originations Systems platform! From our humble beginnings of one (pretty awesome) LOS software, we now have an entire suite ...
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