Participation lending refers to sharing loan risk and income among partner organizations (investors). The credit union sells or buys all or part of a loan. Investors can be other credit unions or other organizations. Are you interested in participation lending but don’t know where to start? Do you need help getting a participation lending team up to speed and working efficiently? Check out the flyer below for Tips and Best Practices from CU*Answers Management Services.
Related News
Expand Your Loan Portfolio with Flex Loans!
Looking for ways to enhance your loan portfolio? Check out Flex Loans, a new feature that you can add to your credit union’s Internet Retailing Arsenal! Flex Loans allows for Loan Payment Change Requests to be performed via It’s Me 247 online and mobile banking. By using one simple tool, members can request a change… Read more »
Expand Your Loan Portfolio with 1-Click Loans!
Looking for new ways to expand your loan portfolio? Internet Retailer loan departments now have a way to change their games for the future! 1-Click Loans brings a new approach to how your credit union can promote loans to members, by pre-approving members without an application, credit pull, or underwriting. Your credit union can build… Read more »
Here comes the next Collections Roundtable!
Pull Up a Chair, the Roundtable is Waiting! Join us for the FREE Collections Roundtable, an open forum discussion on collections laws, internal procedures, and CU*BASE processes. Join us for the third session of the 2020 Collections Roundtable Series – for whichever session you’d like, or both! Please note: the Collections Roundtable for this quarter will… Read more »
Understanding What is Required of Credit Reporting During COVID-19
In recent weeks, you have likely seen documentation, emails and other materials regarding credit reporting for your members and recommendations on what actions your credit union should take. You may be wondering: what is your credit union actually required to do? Included in this email is a link to a PDF document which details two… Read more »
Here comes the next Collections Roundtable!
Pull Up a Chair, the Roundtable is Waiting! Join us for the FREE Collections Roundtable, an open forum discussion on collections laws, internal procedures, and CU*BASE processes. Join us for the second session of the 2020 Collections Roundtable Series – for whichever session you’d like, or both! Please note: the Collections Roundtable for this quarter will… Read more »
Presenting More Ideas for Loan Relief Solutions from Your Friends at Lender*VP
Are your members looking for more loan relief solutions? Below, you will find step-by-step information on how you can adjust a 360-day or 365-day interest calc-type loan from a normal principal, interest and escrow (PITI) payment into an escrow only payment for a limited period. This includes the removal of all but one dollar of… Read more »
More Ideas for Loan Relief Solutions from Your Friends at Lender*VP
Looking for more ways to get members through tough times? Below you will find step-by-step information on how you can adjust a 360-day or 365-day principal & interest payment loan to an interest-only loan for a limited period. This also includes the removal of the escrow portion of a payment during the temporary period. Click… Read more »
Tips from Lender*VP: What to Know About Small Business Administration Assistance
Do you have business members? Do you do business lending? Are you an approved SBA lender today? If none of the above apply, feel free to move on with your day. However, if any of the above DO apply to your credit union, read on to learn about Small Business Administration Assistance: As you may… Read more »
Hints from Lender*VP: 3 Payment Skip Options to Serve Your Members
Looking for ways to assist members with payment options? Skip-a-Pay Tools are available in CU*BASE for both loan payments and credit card portfolios. Additionally, the CU*BASE programming team can offer custom projects to advance the next payment and maturity dates without members needing to request a skip. Take a look at the PDF below for… Read more »
Hints from Lender*VP: Loan Relief Solutions for Your Members
During these uncertain times, your members may have questions about how to proceed with their loan payments. There are several solutions in CU*BASE available to your credit union. We’ve prepared a PDF with information on each of these – click the link below for details on how to use these options. View the PDF
Take a Look at the CU*Answers University Courses for August!
Each month, CU*Answers University hosts FREE web conferences and in-person events that highlight the many products and services our CUSO offers. Take a look at the courses we have coming up in August!
2022 CU*Answers Leadership Conference!
Missed the Event?
It’s a wrap and we’re back at basecamp. Check out the digital handouts and photos from the event.
Upgrade your Decision Model
FUEL Decision Model with preconfigured templates and annual tune up!
Contact Us!
