Committees : Lending
Banks can take three steps to prepare for LIBOR’s eventual exit and ensure they incorporate the latest fallback language into their contracts.
Appraisal management companies can help lenders facing considerable challenges managing their in-house panels, especially amid record volume.
Incorporating SOFR as the new reference rate to replace LIBOR requires banks to address documentation, systems and analytics in the coming months.
Revisiting settlement service providers is low-hanging fruit for banks looking to immediately deduct days from closing timelines and improve the experience.
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.
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.
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.
A bank’s loan review process has never been more important than it will be in the second half of 2020.
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.
Banks can use technology to upgrade their online offerings when it comes to home equity lines of credit.