Consumers Funding Construction Loans in Innovative Fintech Model
Online platform brings upscale retail investment funding to smaller markets, providing housing and related construction credit opportunities.
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.
Fintech Lenders Stumble While Banks and Credit Unions Gain
Traditional institutions exploited holes in fintechs' consumer lending model, especially relating to service. But technology is still key.
Banks Must Digitally Transform Consumer Lending
To compete with fintech lenders, traditional financial institutions must simplify internal processes and improve mobile experiences.
Fintech Lending Is On The Rise, But Default Rates Aren’t Pretty
Consumers like the sound of getting a loan from a fintech provider instead of a traditional institution, but at what cost?
What SoFi’s Rise From Niche Fintech to One-Stop-Shop Means
The company that began as an 'anti-bank' student loan refinancer wants to be the center of people's financial lives (and may soon be a bank).
How Financial Institutions Can Fire Up Their Lending Engine
By adopting current marketing methods, forming partnerships and offering credit that consumers want most, lenders can grow their portfolios.
Banks Toy With Dumping Credit Scores from Lending Decisions
Even though the change is limited, and credit scores are regarded as flawed, many believe moving entirely away from them is misguided.
Why Should Banking Providers Offer Credit Builder Loans?
More consumers want credit builder loans now and fintechs and neobanks have jumped on the opportunity with competitive programs.
Ending the Annual Exodus of Mortgage Borrowers
How can mortgage servicers keep refinanced mortgages in their own portfolios when the original loan goes away?
How to Retain Customers in the Wake of the Refi Boom
Interest rates are rising again but at current levels there are still consumers who can refinance. Here's how to land their business.
5 Digital Strategies to Boost Mortgage Lending in a Red Hot Market
Demand is soaring but so is competition, making digital marketing tools and capabilities – including mobile, chat and social – essential.
Banks’ Most Pressing Digital Lending Priorities
New data shows where credit unions and banks are placing their bets to win big with borrowers, and what headwinds the institutions face.
Is the Banking Industry Facing an Apocalyptic Future?
Incumbents' advantages won't forestall an onslaught of new digital competitors for long without a complete reimagining of existing practices.
Community Bank Amplifies Niche Strategy Based on ROA/ROE Analysis
Backed by performance data, the bank concentrates on things it’s really good at that big banks can't touch and fintechs haven't pounced on.
How Consumers Prioritized Debt Payments During The Pandemic
TransUnion data reveals mortgages were paid first, in part to preserve not only a place to live, but a place to work.
How Banks Can Increase Their New Loan Business 100% (Or More)
In the absence of better processes banks and credit unions are actually losing two accounts for every one that they open.
Skyrocketing Student Loans Threaten to Suffocate Lending’s Future
Drowning in student debt, consumers' inability or unwillingness to borrow more may cripple the lending market, and it's only getting worse.
Hungry for Loan Growth? Auto Lending Offers Fresh Opportunities
Flush with deposits, banks and credit unions seeking new volume may find it with aggressive promotion to people returning to the auto market.
Traditional Bank Lenders Gaining Market Share at Fintechs’ Expense
During the pandemic, banks and credit unions greatly surpassed fintechs in both lending volume and satisfaction among small businesses.
CX vs. Customer Advocacy: Which Pays Bigger Dividends for Banks?
Research shows that banks should do what's right for consumers, not just what's best for their own bottom line. But will they?
Bank Marketers Fighting Stiff Lending Headwinds
Wrestling with delinquencies and loan loss provisions, government stimulus and aid programs make it even harder to read the market.
Collaborative Digital Lending: The Next Step in Financial Inclusion
Millions of unbanked, financially excluded consumers can gain access to credit through a new approach to digital lending.
