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What Basic Functions Should My Loan Origination System (LOS) Perform?

Abrigo

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. Basic functions of a loan origination system When evaluating a loan origination system, lenders are rightly concerned with three major areas: the customer or member experience sound lending practices efficiency.

System 195
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CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

Here’s how banks and credit unions with strong CRE risk management can identify weakening property loans, assess them, triage them, and assist with their prognosis and treatment. Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes.

Strategy 221
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243
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Cultivate a better ag lending process: 7 best practices

Abrigo

Develop better ag lending workflows before demand picks up. A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. Takeaway 1 Now is the time to plant the seeds for harvesting growth in the ag loan portfolio by creating a better ag lending process.

Lending 195
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Managing real estate and construction lending risk

Abrigo

How construction administration units mitigate construction lending risk Construction lending involves unique risks and requires specialized processes. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Takeaway 2 Construction lending risk is unique.

Lending 195
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Fundamentals of construction lending

Abrigo

Takeaway 2 Lenders must follow strict procedures to mitigate risk and keep the outstanding loan balance scaled to the collateral value. Construction lending from the ground up. Strischek included the following information, which can help lenders avoid risk before the project begins—by planning ahead at the closing table.

Lending 195
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Canadian Fintech Market Map

CB Insights

Download the CB Insights and PwC Canada MoneyTree report to see all the data. Companies in this subcategory (1) provide technology to accounting and tax, bookkeeping, and expense management players, or (2) leverage technology to provide these services directly to end-users. GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019.

Fintech 93