How Lenders Can Mitigate Fraud in Challenging Times
Sourced through Scoop.it from: www.lendacademy.com Lenders are facing some extraordinary times right now as they try to prepare for the months ahead. Hopefully these tips, along with technology solutions and developments can stay lenders stay ahead of the game!
Post-COVID Communications for Financial Services
Curious how to navigate communications in a post-Covid landscape? "As nations struggle to balance a safe return to economic productivity, the livelihoods of millions will be affected – but the financial sector can help to ease people's anxieties." With that being the...
How did the pandemic change the future of lending?
Under normal circumstances, businesses facing financial hardship have a number of options to help weather the storm. The financial stresses of the Covid-19 pandemic, however, are far from normal. So, what does this mean both for lenders and borrowers? Disruptions...
Borrowers Still Hold Misconceptions About Alternative Lenders
The economic crisis is causing more and more businesses to seek additional funding. Many individuals who are beginning their search still have long-held misconceptions about what makes them a good candidate for a loan. So, what do some of those misconceptions look...
How Can You Help Your Clients Be Better Borrowers?
To most borrowers, getting a mortgage sounds simple enough. So why do so many of them drop off between approval and closing? As it turns out, lenders often forget how mysterious the process may appear to new borrowers. A change in income or debt can disqualify...
Lending Better: Essential Apps and Integrations for Salesforce
Have you ever taken a good look at how many individual steps your day-to-day operations involve? How many different documents or spreadsheets do you handle a day? How many programs do you use to manage them? With the right apps and integrations, you can handle more...
Your Borrowers Are a Gold Mine of Data: 5 Tips for Using It
You organized your deals in your lending platform. You set up your processes. Everything is running smoothly and you have an invaluable resource at your fingertips. Data. The question is, how can you put it to work? If you think about it, everything we do creates some...
How Tech Solutions are Changing Lending
How Tech Solutions are Changing Lending If you work in lending, you may have noticed that technology is changing the landscape of how we operate. Perhaps you’ve encountered buzzwords such as ‘Automation’, ‘FinTech’, and ‘SaaS’. These terms represent more than...
2021 NACLB Conference in Vegas Attended By Fundingo
Held at Caesar’s Palace on October 26-28, 2021 - The National Alliance of Commercial Loan Brokers (NACLB) provided educational and networking opportunities at their 7th annual conference & expo. CloudMyBiz and Fundingo were able to represent as attendees to gain...
Fundingo Partners with LexisNexis® Risk Solutions
FUNDINGO TEAMS UP WITH LEXISNEXIS® RISK SOLUTIONS TO ENABLE RAPID GROWTH WITHIN THE LENDING INDUSTRY Fundingo is pleased to announce new integration capabilities with the launch of a Salesforce app created through our relationship withLexisNexis® Risk Solutions for...
The Ultimate Guide for Loan Servicing Software
The Ultimate Guide for Loan Servicing Software Table of Contents: 1. What is a loan management software? 2. How to Select the Best Loan Management Software? 3. Implementing Your Chosen Software 4. Security & Compliance 5. What are the typical loan management...
The Keys to Successful Loan Management Software Implementation
Keys to Successful Implementation of Your Loan Servicing Software As lending businesses grow and expand, their offerings for loan products increase naturally followed by much-needed evolution in their regulations and policies. These changes often lead to an...
What You Need to Know About Alternative Lending in 2022
WHAT IS ALTERNATIVE LENDING? With an increase of small business owners across the U.S., organizations have often experienced difficulties when it comes to making money. Fortunately, the Alternative Lending industry has developed as a solution. Alternative Lending...
Five Ways to Lend Better by Using Data
What are the two types of lenders who won't last? Those who don't use their data. All jokes aside, data is the lifeline that keeps lenders ahead of their challenges. There will never be a time with no struggles to overcome. The way that every financial institution has...
New Construction Needs New Lenders
All across the country, office buildings lie empty. Hotels have closed, some unsure that they will reopen. New constructions have halted, and funding grows scarce. Is this the end of our old way of commercial real estate? Or is it the birth of something new? The...
Are We Ready for Paperless Mortgages?
Though finance is seeing its peak of online interactions, one sector still lags. Due to a complicated history of legislation, mortgage lending has taken place primarily in person since its beginning. Now, with online finance lagging in the pandemic recovery, how far...
Alternative Lending In Construction Will Go Green
For the first time in history, the value of oil dropped into the negatives in April. While it has recovered for now, some are predicting an incomplete recovery at best. In the greater context of post-COVID life, the safest investments will be green. Construction has...
Distance Work Opportunities Could Result in Mortgage Boom
According to Zillow, new work-from-home jobs could result in nearly 2 million potential home-buyers. According to the study, “Three-quarters of Americans working from home because of the coronavirus say they want to continue if given the option, and two-thirds say...
