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
NADA Vehicle Valuation – Streamlining Your Vehicle Loan Process
As a CU*Answers client, you have the ability to activate a seamless NADA (National Automobile Dealer Association) integrated valuation tool to populate the automobile’s current value directly into the collateral record. It is necessary for loan officers to verify the value of vehicles during the loan process. In the past, this required loan officers to… 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 2018 Collections Roundtable Series, for whichever session you’d like – or both! Thursday, May 17 Morning Session: 9:30 AM – 12:00… 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 first session of the 2018 Collections Roundtable Series, for whichever session you’d like – or both! Tuesday, February 13 Morning Session: 9:30 AM – 12:00… Read more »
A Note from Lender*VP: Update to Home Equity Coupons in CU*BASE
With the implementation of Project #46157 today, Wednesday, January 3rd, there is a new look for Home Equity printed coupons that are generated in CU*BASE. Previously, payment coupons included a single line for detailing the Amount Enclosed, as pictured below: However, the coupons will now display three fields, for the Payment Amount, Extra Principal Amount,… Read more »
Find Members Who Receive Unemployment Deposits that You Can Track and Assist!
Unemployment claims are at a historic level across our country and you need to know details of the impact on your membership. Find these members – You can know who is dealing with financial disruption and needs connection to resources.
We’re Excited to Announce a New eSign Experience for Your Members!
Imaging Solutions, in partnership with Mobile Technologies Group and eDOC Innovations, are pleased to announce a new eSign experience for your members! Starting Wednesday, May 27th, the following enhancements will be available as part of eDOCSignature both online and via… Learn More!
Owner’s Voice – Vote Now!
CU*Answers at its core is a cooperative organization. We are constantly pushing what it means to be a transparent CUSO. This year we have decided our next step is to get you engaged, we want to hear your voice, the Owner’s Voice. Vote Now!
