Traditionally, separate financial lenders (IMBs) haven’t considering family collateral mortgage otherwise line circumstances
The loan banking origination funds model is not well-suited to help you a personal line of credit lending where financial institutions have a tendency to bring money no settlement costs and you can keep up with the fund within asset profiles.
STRATMOR Class held research in 2022 in concert with Intercontinental Exchange, Inc. (ICE) towards procedures getting used by financial lenders and you can banks having family security lending, the explanation toward methods, the pain points being experienced, and the innovation and workflows being used. Let us browse the results of the research, which will be downloaded within the entirety right here. Read More