Good Lending CX Is a Key Driver of Growth & Retention at Banks
To counter the appeal of nonbank lenders, financial institutions must change loan repayment from a utility into a competitive strategy.
Loan Growth
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans, personal loans that generate interest income.
Why Banks Need Real-Time Loan Data to Survive a ‘Credit Recession’
In an economic downturn, better loan decisioning is crucial — both to reduce risks, and to meet customer expectations for fast approvals.
One Credit Union Axes All Fees: Bold Strategy or Big Mistake?
The institution is eight months into a huge gamble based on a deep analysis of customer data. Here's why they believe they'll win.
How Banks Can Take Back Loan Share from Alternative Business Lenders
Fintechs brought fast digital credit decisions to SMBs. New tech and an understanding of today's market can help banks reclaim the advantage.
How Tech Helps Mortgage Lenders Soften Inflation’s Blow
Loan growth is a hot topic right now as financial institutions struggle to keep up with the impact of inflation and digital competition.
How Housing Market Deterioration Will Disrupt Home Lending
Goldman Sachs predicts continued fall in both home sales and prices, hitting both mortgage and home equity lending hard.
A Four-Step Strategy for Implementing a New Loan Origination System
For banks and credit unions, choosing a loan origination system is only a start. Taking it live requires attention to key checkpoints.
Rocket to Offer Financial Institutions Mortgage-as-a-Service
Q2 and Rocket Mortgage announce collaboration on a mortgage-as-a-service solution that integrates digital simplicity and human engagement.
How Banks Can Use Data to Grow Home Loans with Existing Customers
By making better use of data and personalization, banks and credit unions can sharply increase mortgage business from current customers.
4 Ways Banks Can Use Alternative Data to Boost Loan & Account Growth
Nontraditional data enables bank marketers to enhance retail and small business account acquisition. Here's how to make the data work.
Consumer Lenders See Unexpected Bonanza as People Battle Inflation
Borrowing on credit cards and personal loans kicks up as people seek to deal with rising prices. Is a sharp rise in delinquencies coming?
Cannabis Banking: Are the Rewards Worth the Risks?
Most financial institutions shun the pot business, but others in states where marijuana is legal say low-cost deposits are worth the risks.
Green Loans: A Fast-Track Method to Be a Banking ESG Leader
Consumers increasingly expect banks to embrace environmental policies. That can create tensions, but also opportunities for loan growth.
How Embedded Finance is Blending Banking and Commerce
Banks that partner with retailers and other sellers to become their invisible financial channel can pick up new customers and loan growth.
High Rates & Tight Housing Spells Bleak Outlook for Mortgage Lending
Almost overnight mortgage lending has become a different proposition. Altered housing economics is forcing changes in marketing strategies.
Bank Branch Closures Forecast to Surge Again (Here’s Why)
Even after 2021's record number of bank branch closures, more are expected as digital sales grow and earnings pressure increases.
Key Questions for Banks Choosing a Consumer Loan Origination Solution
Adding a modern loan system is vital for credit unions and banks to meet consumer expectations, but it's hard to do. Here's how to proceed.
Should More Banks Follow Fintechs into the Personal Loan Market?
SoFi, Lending Club, Marcus, U.S. Bank and Wells Fargo already vie for unsecured personal loans. Rising demand may create more opportunity.
Electric Vehicle Lending: How Green Loans Can Accelerate Growth
Financing of electric vehicles is building, giving banks and credit unions the opportunity to gain loan growth from green cars and trucks.
Home Equity Lending to Fuel Accelerated Loan Growth for Banks
Record levels of home equity beckon lenders hungry for growth. But they must remember that home prices also go down.
Technology & Innovation Key to Growth in Tough Mortgage Loan Market
Mortgage lenders seek new strategies and technologies to deal with changing borrower demographics and streamline the homebuying process.
Where Banks Can Find Consumer Loan Growth in Inflationary Times
People with pristine finances rarely need credit. Growth-hungry banks must look to those lower on the credit score chain to book loans.
