Read time: 3 minutes, 45 seconds. Automated loan underwriting is a significant time saver for lenders.  But it really does manage only one step in a potentially lengthy review process for a complete loan file. The processing of a loan file begins with collecting, organizing and verifying loan information. Lenders of all types are discovering that one way to streamline ...

5 Minutes Read. Lending software that automates loan underwriting can greatly reduce friction points in the lending process. The benefits of faster, more efficient processing, however, should not compromise sound lending guidance. Software can reduce underwriting to an automated process according to pre-set guidelines, but there may be areas where automated underwriting is insufficient. Lenders must balance process optimization with ...

 4 Minutes Read. Commercial vehicle lending is embracing digital technology at a quickening pace, but loan underwriting is still largely carried out using conventional, non-automated methods. The aggressive push to expand auto lending by some big banks, however, along with the introduction of new channels such as direct lending, may help to drive greater automation. The commercial vehicle lending landscape ...