by don arkell | Aug 8, 2023 | Consumer Lending, Training, Uncategorized
Earlier this year CU Lending Advice began offering a remote course “CLO Bootcamp”. This remote course is led by Chris Oldag. Chris is a seasoned credit union executive with decades of experience. As the CU Lending Advice CLO Bootcamp approaches...
by don arkell | Sep 23, 2024 | Uncategorized
In my recent experience with a Marriott reservation, I felt firsthand the frustration of being caught in a system where the human element was missing, and the “computer” was in control. I’ll spare you the gory details from someone that travels 150 nights a year,...
by Cory Hascal | Jul 10, 2024 | Uncategorized
The concept of centralized lending has undergone a significant transformation over the years. Initially, inside of the credit union world, it was understood primarily as centralized underwriting. However, in today’s rapidly evolving financial landscape, centralized...
by don arkell | Jun 27, 2024 | Uncategorized
In the fast-paced world of lending, every loan application tells a unique story. Each borrower comes with their own set of circumstances, desires, and challenges. As credit union lenders, it’s our responsibility to not only assess risk but also to find a path forward...
by Jessica Vartanian | Apr 18, 2023 | Consumer Lending
Recently while onsite with a credit union, a great underwriter explained centralized underwriting in the following way: “It is the originator’s job to write the beginning of the member’s story; it is the underwriter’s job to write the ending.” Couldn’t have said it...
