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Intelligent automation helps Farmers Insurance FCU increase efficiency by 58%

Farmers Insurance Federal Credit Union (FIGFCU) is a ~$1.5B in assets credit union, serving over 60,000 members. With home equity lending demand on the ....

Farmers Insurance Federal Credit Union , Home Equity Express ,

Busting the myths around community lender digitization

It has never been more important for community lenders to be capable of meeting customers’ demands for seamless digital lending services. Customers want ....

Home Equity Express ,

Coviance Expands Relationship with MeridianLink to Include MeridianLink Mortgage Integration

Coviance , a fintech company automating the process of home equity lending for over 400 credit unions and community banks, announced a deeper partnership today with MeridianLink, Inc. , a leading. | May 10, 2023 ....

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Fintech LenderClose Rebrands As Coviance

Fintech LenderClose Rebrands As Coviance
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CRM, Automation, Home Equity, Non-English Products; FHFA and Freddie News

Tony H. writes, “I just switched my 30-year home mortgage to ‘student loan.’ Follow me for more financial advice.” I have been fielding questions about the impact of student loan forgiveness on credit (probably won’t impact credit scores) but also whether the forgiven debt is taxable (not at the Federal level, but Forbes thinks it may be at the state level in some places). While the government is intervening, wouldn’t it be nice if someone put a cap on college cost escalation? The government doesn’t directly determine compensation or profit margins, but both are huge issues for lenders. (“Lenders are Eying Compensation and Ops Trends” is the current STRATMOR blog.) The government doesn’t directly determine the rate of inflation either, but the Federal Reserve can address it. During his Jackson Hole speech, Powell said that the Fed will continue raising interest rates and hold them at a higher level until it is confid ....

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