Committees : Lending
Recommendations for Banks Prepping for LIBOR Transitions, Updated Timelines
Banks can take three steps to prepare for LIBOR’s eventual exit and ensure they incorporate the latest fallback language into their contracts.
5 Reasons to Shift the Appraisal Process to an AMC Model
Appraisal management companies can help lenders facing considerable challenges managing their in-house panels, especially amid record volume.
A Banker’s Perspective on LIBOR Transition to SOFR
Incorporating SOFR as the new reference rate to replace LIBOR requires banks to address documentation, systems and analytics in the coming months.
How Settlement Service Providers Help Banks with Surging Refinance Demand
Revisiting settlement service providers is low-hanging fruit for banks looking to immediately deduct days from closing timelines and improve the experience.
The Digitalization of Commercial Lending
Are you evaluating all your product lines against the same digital delivery checklist? Why a one-size-fits-all digital approach limits your commercial lending opportunities.
How Nonbank Lenders’ Small Business Encroachment Threatens Community Banks
The lack of fully online lending programs at community banks encourages small businesses to look elsewhere for institutions that make the process easier and more seamless.
Five Ways PPP Accelerates Commercial Lending Digitization
Demand for PPP loans led many banks to stand up online loan applications, revealing key areas where technology can provide immediate value for commercial lending.
Is Your Bank Ready for Loan Review 2.0?
A bank’s loan review process has never been more important than it will be in the second half of 2020.
Starting from Scratch: Reassessing Business Loans
Last year’s financials mean nothing in the 2020 environment. Banks are using technology to take a fresh look at credit risks in light of Covid.
Leverage Tech to Release HELOC Demand
Banks can use technology to upgrade their online offerings when it comes to home equity lines of credit.