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Top News In Advanced Lending Today - Breaking & Trending Today

Westlake Capital Finance Now Offers Commercial Real Estate Lending Rates as Low as 3.99%

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

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Chustz named First Commercial's Chief Commercial Real Estate Banking Officer

Chustz named First Commercial's Chief Commercial Real Estate Banking Officer
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Westlake Technology Holdings and Nowcom Corporation Come Together to Form New Fintech Organization, NowLake Technology, LLC

Westlake Technology Holdings and Nowcom Corporation Come Together to Form New Fintech Organization, NowLake Technology, LLC
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Westlake Technology Holdings Closes 2020 With $12.14 Billion in Assets Under Management

Press release content from Business Wire. The AP news staff was not involved in its creation.
Westlake Technology Holdings Closes 2020 With $12.14 Billion in Assets Under Management
February 11, 2021 GMT
LOS ANGELES (BUSINESS WIRE) Feb 11, 2021
Westlake Technology Holdings reports 14.7% growth over 2019 ending 2020 at $12.14 billion in total managed assets. The company directly attributes this success to the dedication of its employees. Despite the challenges of the COVID pandemic, their employees quickly adapted to remote work and persevered through the year – allowing the company to experience growth over 2019.
Through 2020, Westlake Technology Holdings improved its servicing, expanded relationships with industry partners, and launched new products. ....

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Westlake Financial Identifies Significant Portion of All Income Misrepresentation with IncomePass™ by Point Predictive

Press release content from Business Wire. The AP news staff was not involved in its creation.
Westlake Financial Identifies Significant Portion of All Income Misrepresentation with IncomePass™ by Point Predictive
February 9, 2021 GMT
SAN DIEGO (BUSINESS WIRE) Feb 9, 2021
Point Predictive, the AI company that increases trust in lending, announced today that Westlake Financial, one of the nation’s largest auto lenders, adopted IncomePass™ to create a more streamlined lending experience for its dealers and borrowers that substantially reduces fraud and early payment default exposure. IncomePass identifies income misrepresentation on loan applications using advanced data science, allowing lenders to save review resources by focusing extra diligence on riskier auto loan applications. ....

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