My team of consultants work with hundreds of credit unions each year, and we are constantly noticing new trends. In recent years, we are seeing…
Posts published in “LENDING”
Over the course of 2019, the yield curve has significantly decreased and flattened causing primary mortgage rates to fall. This has caused an increase in…
Can Credit Unions Save Mainstreet From Predatory Lending?
by Sanjay Bhaskar on October 1, 2019During the last decade, the financial industry has seen a massive shift in how America’s mainstreet small businesses obtain the capital they need to grow.…
Wescom’s New Quick Assist Loan Program
by Adriana Welch on August 13, 2019An alternative to high-interest loans to support members in ne According to a 2018 Federal Reserve Survey, 40 percent of Americans cannot financially withstand an…
Protect Your Profits with Mortgage Pipeline Hedging
by Bryan Hatfield on May 31, 2019Bryan Hatfield Director, Operations, ALM First Financial Advisors Thomas GriswoldManaging Director, Advisory Services, ALM First Financial Advisors In the increasingly competitive mortgage lending market, every…
Credit Unions are Different from Banks, I know!
by Beth Bavis on May 9, 2019Growing up in the for-profit banking world, I never really understood that there was another side of banking. That was until I received a…
The Future is One-Click Lending
by Dave Buerger on May 8, 2019Imagine you wanted to book a vacation or a business trip, but instead of heading to an online travel site, you had to dial…
How to Merge the Art and Science of Small Business Lending
by David Smith on April 8, 2019How to Merge the Art and Science of Small Business Lending By David Smith There is an undeniable art to lending. Complex,…
The Student Loan Crisis: Underwriting Must Adjust
by Bob Schroeder on March 19, 2019The Student Loan Landscape According to a recent Forbes article, student loan debt has more than tripled since 2004 totaling $1.52 trillion with the average…
Digital Commercial Lending – The financial industry is starting to embrace the idea, so it’s a win-win for small business owners.
by Tim O'Hara on July 19, 2018BY JIM GALLAGHER The latest disruption to the financial industry is the emerging presence of digital commercial lending. Consumers have long been able to apply for…
What to Do When the Credit Score Sends a Mixed Message
by Tim O'Hara on December 27, 2017BY BILL HULTSTRAND Some loan decisions are crystal clear and others are a bit fuzzy. How do you and your staff decide when to turn down …
Due Diligence is Key to Lending Success
by Tim O'Hara on November 20, 2017BY LORRIE WOHLFEIL In early 2015, we were approached by a longtime client of ours about helping them audit their loans. Loan auditing was not a service…