The Math Behind Simple Interest and the Rule of 78s
Should you use simple interest or the Rule of 78s when calculating interest on a loan? Let’s compare both to…
Read moreBlog
Game-changing strategies, insider insights, and powerful solutions for growing your lending business.
Balloon Payments Explained
What is a balloon payment? This is a complex question, because in general, the answer requires context. In specific terms,…
Read more
Top 4 Lending Trends of 2013
Big data is changing both consumer behavior and loan products. Consumers will have an easier time ‘rate shopping.’ With quick…
Read more
Turning Off Accrual Processing Is Not Non-Accrual Loan
According to Generally Accepted Accounting Principles (GAAP) in lending, for many loan types, you must stop accruing interest into income…
Read more
Borrower Portal A Jumping Off Point
If you are like many consumer lenders in today’s markets, you want your borrowers to be able to go onto…
Read more
How I First Learned About Nortridge – A Fan of Flexibility
Several years ago before joining Nortridge, I worked as a loan servicing manager at a financial institution that purchased commercial…
Read more
The Benefits of Loan Servicing In-House & Downsides
Running a profitable lending business; especially one that is experiencing dramatic growth or a changing regulatory climate; can be a…
Read more
Introducing the Nortridge Online Community
Get the information you need at the Nortridge Online Community. This new community provides a forum where your Nortridge Loan…
Read more
Programmed to Make You More Efficient
Snervicing and collecting on loan portfolios can be a very time-consuming and resource-heavy job. Wouldn’t it be great to eliminate…
Read more