Fraud And Corruption Trends To Watch In 2014 December 17, 2013Many of the regulatory efforts in the coming year to stem fraud and corruption will have a financial services focus, according to an EY forecast. Tough Hill To Climb For Mortgage Industry In 2014 December 16, 2013The mortgage banking industry is facing a difficult year in 2014, but technologies such as imaging and e-documentation can help banks drive efficiency and save money. Imaging on the Rise, But Few Banks Paperless in Loan Operations December 04, 2013A survey of 80 community banks found that most use some kind of imaging systems. Core Systems Modernization: Risk and Reward November 05, 2013At BAI Retail Delivery 2013, Zions Bancorp CIO Joe Reilly discussed why the bank holding company decided to replace legacy systems.
Automating Mortgage Loan Processes for Faster, Mobile Client Service November 01, 2013The Bank of Tennessee has rebuilt the IT infrastructure behind its lending operations to help it compete with bigger banks. How To Improve Credit Risk Modeling For Better Credit Quality October 18, 2013Banks have to evolve their credit risk modeling, and including cash flow in their credit risk analysis for commercial loans is one place to start.
How To Prepare Now for FASB’s CECL Model September 16, 2013The coming implementation of the Financial Accounting Standard Board’s Current Expected Credit Loss model requires banks to think ahead about how they collect and manage data regarding their loan portfolios. IBM Launches Mobile Loan Processing Solution September 09, 2013The solution is designed to allow banks to engage with borrowers in real-time during every aspect of the loan application process.
Capital One Acquires Beech Street Capital August 19, 2013The privately-held, national originator and servicer of Fannie Mae, Freddie Mac and FHA multifamily commercial real estate loans was acquired for an undisclosed sum.
Wolters Kluwer Launches Monitoring Tool for Loan Portfolios August 06, 2013Wolters Kluwer Financial Services rolled out a stand-alone manager tool that monitors loan portfolios in real-time.
D+H To Acquire Harland Financial Services July 24, 2013D+H will enter the core banking market with the acquisition, while expanding its presence in the U.S. and combining its lending solutions with Harland’s portfolio. Credit Unions and Community Banks Go Mano-a-Mano with Big Banks Using Cloud-based Technology July 23, 2013Cloud-based lending solutions can deliver improved transparency and customer experience in the lending process to help small institutions grow their lending business. Gulf Coast Bank Revitalizes Mortgage Operations With Automated CRM July 18, 2013By working Mortgage Returns automated CRM system the bank’s mortgage division just had its best quarter ever with fewer staff. Accenture Augments Mortgage Offerings With Mortgage Cadence Acquisition July 16, 2013Accenture says the acquisition will help clients cut cycle time and costs while increasing flexibility to comply quickly with new regulations. New Study: Alternative Credit Decisioning Tools Could Have Generated $1.7 Billion for Issuers In 2012 June 11, 2013A new study by LexisNexis and Javelin found that alternative credit decisioning tools could open up new segments, like the underbanked, for lenders. Fiserv Launches Consulting Service Targeting Community Banks and Commercial Lending April 11, 2013The bank technology vendor is offering a new service that provides consultant reviews and strategy recommendations for smaller banks looking to better their commercial lending business, while also announcing its first new client on the DNA platform since its acquisition of Open Solutions. Branch Closures Revved Up in Late 2012, Study Finds January 22, 2013The pace of branch closings in the U.S. more than doubled in the last quarter of 2012 as banks looked to cut costs, a new report by SNL Financial found. CFPB Announces New Mortgage Rule to Ensure Borrowers Can Repay Loans January 10, 2013The CFPB's introduced its new Ability-to-Repay rule that charges lenders to make sure borrowers have the means to repay their loans. Mortgage Builder Releases New Loan Origination Platform for Lenders September 20, 2012Mortgage Builder's new Architect platform offers a more user-friendly experience and easy enhancements for bank's lending operations. Fannie Mae Paid BofA Premium to Transfer Soured Loans, Says Regulator September 17, 2012Fannie Mae agreed to pay Bank
of America Corp about 20 percent more than it was
contractually obligated to last year in order to transfer the
servicing of troubled loans to another firm, a report by a