Welcome to the new Lien Solutions blog – insights and resources to help professionals reduce risk and shape the future of their business. You’ll find articles on thought leadership, practical tips, and an exchange of ideas that drive innovation and better outcomes.
Imagine you are an asset-based lender. After the loan closes you have constant visibility of the underlying asset (a tractor, for example) throughout its lifecycle. You are able to track the value of the asset and automatically feed it into your loan portfolio that constantly analyzes risk. If the value falls below a threshold the system automatically triggers previously agreed-upon adjustments in the contract minimizing the risk to your lending portfolio.
Lenders have been getting short-changed from motor vehicle title service providers who have been slow to understand the unique needs of lenders in the titling process.
Are you spending too much time on managing and tracking your loan portfolio? Lien Solutions offers 7 tips to help your work flow process in managing your mortgage loan portfolio.
By now you have probably heard about blockchain and its effects on the financial sector. The technology continues to receive widespread attention, mostly due to Bitcoin, the first large-scale implementation of blockchain technology. Equity-based investment in blockchain pure-plays outside of traditional financial companies has grown to more than US $1 Billion this year.
All liens expire. Liens can be continued with a continuation. Failure to continue a lien means the asset is no longer secured. Learn more about Auto-Continuation.
Motor vehicle lien perfection too often resembles driving in heavy freeway traffic. There are a lot of frustrating obstacles to dodge around and weave through to get to your ultimate destination. Too frequently, the whole process can even grind to a halt. The reasons are the complex myriad of fees and requirements put in place […]
Have you found titling a truck or other vehicle to be daunting when it comes to multi-jurisdictions? Learn about IRP registrations, and why it is important to properly register vehicles across multi-jurisdictions.
You’re considering starting an in-house lien management/lien perfection program. Perhaps you’re wanting to do such a program to inventory all of your liens to determine your exposure, or perhaps you want to track when your UCC1 Financing Statements are about to expire so you can renew the financing statements. Why should you consider using an […]
Learn what a proper lending workflow analysis can show you where your company’s process has become too complicated and veered off the road into potential trouble. It can show you how to simplify your workflow and eliminate costly and inefficient steps that hamper, not help, your productivity.
Motor vehicle title processing is a dynamic and ever changing environment. Read about recent administrative updates in Nevada and South Carolina.