Modern loan origination software (LOS) is the key to flexible and successful lending. To attain the most profitability from their …
LOAN ORIGINATION & RISK MANAGEMENT: WHAT LENDERS NEED TO KNOW
The ease of committing fraud using online resources has made banking fraud detection necessary for loan origination.
CLOUD-BASED LOAN ORIGINATION SYSTEM: PROS & CONS
Loan originations play a crucial role in the lending process, requiring financial institutions to balance processing applications efficiently and making …
LOAN ORIGINATION PROCESS EXPLAINED (AND HOW TO IMPROVE EFFICIENCY)
Businesses are always looking to make their operations more efficient, and it’s no different for consumer lenders. Because of its …
5 KEY LOAN ORIGINATION PLATFORM FEATURES
Unprecedented technological advances in the last decade or so have driven efficiency in the auto industry. Design, prototyping, manufacturing techniques, …
LOAN APPLICATION FRAUD DETECTION BEST PRACTICES
Loan application fraud is becoming a significant problem for banks and lenders, jeopardizing financial stability and customer trust. For example, …
UNDERWRITING COMPLIANCE: HOW TO ACHIEVE, MAINTAIN, AND DEMONSTRATE IT
The demands necessary to run an efficient, profitable lending operation must be balanced against compliance with constantly changing regulations. These …
RESHAPE LOAN ORIGINATION PROCESS WITH NEW LENDING TECHNOLOGY
Updated on 2/26/24 By leveraging modern technology, financial institutions can make daily interactions with their customers frictionless and effortless. Technology …
10 AUTOMATED UNDERWRITING SYSTEM BENEFITS
Underwriting is a critical phase in financial institutions that involves assessing the risk associated with offering financial products, such as …
HOW CREDIT RISK MANAGEMENT TECHNOLOGY BOOSTS APPROVAL RATES
Regardless of the economic climate, risk management remains an important factor for lenders to consider during the approval process. Shifting …