Category: Loan Servicing System
November 29, 2023
LendFoundry Migration Guide: Seamlessly Transitioning Your In-House System to LendFoundry
Navigating the complexities of loan origination and servicing poses challenges, particularly with outdated or in-house systems. LendFoundry presents a holistic loan origination and servicing system, alleviating complexities and heightening operational efficiency. Transitioning from your existing system to LendFoundry demands a methodical approach, hence, we've developed[...]
October 11, 2023
Loan Migration to a New Loan Management System: Your Guide
Moving loan portfolios to a new loan servicing system is difficult and can be a big problem for banks and companies. However, you can streamline and execute the process successfully with a structured approach and careful planning. In this guide, we'll outline the key steps[...]
August 10, 2023
5 Benefits of using a Cloud-based Loan Management System
5 Benefits of Using a Cloud-based Loan Management System Cloud computing has a history of over a decade, and its advantages are now becoming increasingly apparent. Manual processes tend to be sluggish, and in today's fast-paced world, anything slow requires prompt replacement. In recent years,[...]
May 19, 2023
Navigating Uncertain Times: How Lenders Can Leverage Servicing Technology for Success
In today's fast-paced and uncertain financial landscape, lenders face numerous challenges. Economic fluctuations, evolving regulations, and changing borrower expectations demand innovative solutions. One powerful tool that lenders can utilize to overcome these obstacles is advanced servicing technology. By embracing technology as a strategic asset, lenders[...]
February 18, 2021
10 Features of the Perfect Loan Management Software
For a long time now loan origination and loan servicing systems together also known as loan management systems have been largely paper-based. These systems have also principally been dependent on human support and as such prone to human errors. However, with the world coming to[...]
February 11, 2021
Why Should You Use A Cloud-Based Loan Origination and Loan Servicing Platform?
Automation and cloud computing have brought in a whirlwind of change globally and the financial services industry is no exception. As such, traditional banks and lenders all over the world are now looking to adopt and implement these disruptive technologies to boost their efficiency and[...]