Blog - Lien Solutions

Help for lenders as they navigate the CARES Act

Written by Sheetal Kamani
Date April 2020

On April 10, 2020 it was reported that in the first week the Paycheck Protection Program was in effect, Fifth Third Bank received 33,000 Small Business Loan Applications. They normally process 300 SBA applications per year.

 

Covid-19 Coronavirus Jurisdictional Updates

Written by Lien Solutions
Date March 2020

While Wolters Kluwer Lien Solutions is prepared with contingency measures to support our customers through the COVID-19 situation, clients may experience delays in order processing driven by changes at the jurisdictions. Jurisdiction delays would result in an impact to the entire market, however, we will continue to do our best to mitigate any impact to […]

 

What is ELT and Which States Use it?

Written by Rick Vanko
Date March 2020

Paper titles are cumbersome and inefficient. States have different requirements regarding who must keep the documents, many vehicle owners lose the paperwork and making changes can be time-consuming and expensive. You want to encourage car and truck owners to complete the title and registration process to secure your lien and prioritize your interest over other […]

 

The Brutality of Commercial Lending and the Promise of Automation

Written by Suzanne Konstance
Date February 2020

The process of issuing a loan is manual, lengthy, and thankless: margins for most lenders are razor-thin. Pricing—and therefore value—is often disconnected from risk. That means that cost must be squeezed out of every part of the loan process. Further, there’s just too much capital in the economy today. Consider that there are 5,000 banks […]

 

When vehicle exception reports stack up, Lien Solutions is there with technology that works for vehicle lending

Written by Marina Hardy
Date November 2019

The world of banking is in the midst of a massive paradigm shift. Disruption has been at work on the consumer and retail banking side for quite some time and the effects are now permeating into the commercial space.

 

7 Ways to Transform Your Real Property Recording Process

Written by Lien Solutions
Date October 2019

Managing and tracking your loan portfolio can be time-consuming on a typical day, much less when volumes spike. Add to that the pressures of tighter deadlines, increased audits, and ever-changing county rules, and your team can become overstretched and your process prone to errors and rejections. Real Property Recording From Painful to Productive Making improvements […]

 

Improve Real Property Search

Written by Lien Solutions
Date September 2019

The landscape of commercial and residential mortgage lending has never been so varied or so regulated. In spite of the possibility of some recent regulations being relaxed, it’s still important to pay attention to the details. The right questions will lead to the right answers, and remember: due diligence is always your friend.

 

Lien Management – Not as Difficult as You Might Fear

Written by Skip Lafon
Date August 2019

As a lender, “lien management” may not be your primary job task. Your specialty is helping clients solve their financial issues through loans and leases, so you might view lien management as a necessary chore, and, once the client has been approved for a loan, that’s the end of the process. Not really.

 

Financing the future of auto lending

Written by Lien Solutions
Date July 2019

Because of our unique position in the vehicle finance sector, we have had the opportunity to witness some fascinating trends in the vehicle purchase and usage process, driven in large part by today’s younger generations.

 

Insight Into Your Lien Portfolio to Mitigate Risk

Written by Lien Solutions
Date July 2019

No one can predict the future, including lenders. Therefore, it is crucial to be diligent about maintaining lien perfection today. In the event that debtors default on their loans, lien perfection helps ensure that you are protected and losses can be recovered. Having clear insights into your individual debtors’ risks and across your portfolio help you maintain a healthy portfolio and reduce risk.