Indirect Lending Technology and Ideas

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Indirect Lending Technology and Ideas

Members: 121
Latest Activity: Jan 20

Discussion Forum

New Lending Source is in the Mirror

Started by Steve Rabago Dec 29, 2009.

Credit Unions...the new Finance Source? 6 Replies

Started by Barry B Kirby. Last reply by Barry B Kirby Apr 20, 2009.

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Comment by William Fowler on May 2, 2011 at 10:04am
Latest technology on expiditing loan approvals based on risk base modeling:

E-net offers dealers and lenders a loan approval process that engages all parties at the same time to share information live over the internet while making a loan decision based on each lenders risk base models.

Dealers, lenders, and other financial institutions are required to provide more transaction transparency, reporting, and accountability to the customer during the origination process. Because of these new requirements balancing data security with business user needs for easy, anytime, anywhere information access is a challenge that many dealers and lenders face. E-net's secure, compliant, SaaS, private cloud system links all parties and their information in a secure system while making lender and risk model decisions. This process enhances capabilities in data management, multiple party online communication, lender risk model analysis, risk management, storage, and compliance. Then it encripts and up loads the data to the proper parties.
Comment by Todd Brister on January 6, 2011 at 9:16am
I am curious to know how people on the lending side are handling the new Risk-Based Pricing Disclosure.  Are you counting on the Dealer to do it?  Are you getting a copy?  Are you providing it for the Dealer?  Are you not doing anything at all about it?  Anyone want to share?
Comment by Glenn S. Gottfried on November 1, 2010 at 1:08pm
Please check out the featured article on GripFin in Auto Finance News' October publication from the 2010 Auto Finance Summit

AFN Article
Comment by Glenn S. Gottfried on October 9, 2010 at 11:17am
I am excited about joining the Indirect Lending Technology and Ideas group and am looking forward to participating in providing relevant information and interaction. GripFin provides financial transaction advisory services to auto portfolio originators, sellers and buyers of all sizes and credit spectrums. Please visit my profile and website (gripfin.com) for further details.
Comment by T.J. Sparks on August 7, 2009 at 9:38am
What are companies doing today to protect their lending portfolios secured on used vehicles throughout the loan lifecycle? And, how do you determine the "health" and value of those portfolios?
Comment by Adam M. Berger on December 16, 2008 at 11:52am
I look forward to sharing ideas with all of you. We're an independent leasing company seeing significant growth in areas of the market where we can help dealers and fleets, particularly used vehicle leasing.
Comment by David Ruggles on November 12, 2008 at 7:14pm
I'm very interested in talking to any lenders interested in pre-owned vehicle leasing.
Comment by JJ Hornblass on October 24, 2008 at 11:29am
Tomas, what is great? The BMW contactless keys for payments?
Comment by Tomas Schmidt on October 24, 2008 at 10:52am
This is great!
Comment by JJ Hornblass on October 23, 2008 at 1:23pm
BMW car keys have gotten an upgrade.

The German car manufacturer has teamed up with an IT company to add contactless payment functionality to BMW car keys. Check out the full story here.
 

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