Notice of Right to Cure: What Loan Servicers Need to Know
September 27, 2025
A Notice of Right to Cure (NORTC) is a formal notification you send to borrowers who have fallen behind on…
Game-changing strategies, insider insights, and powerful solutions for growing your lending business.
September 27, 2025
A Notice of Right to Cure (NORTC) is a formal notification you send to borrowers who have fallen behind on…
September 16, 2025
Loan syndication allows multiple lenders to share the funding and risk of large loans that exceed a single institution’s capacity.…
September 16, 2025
Manual payment processing costs loan servicers thousands of hours and countless errors each year. Lockbox payment processing transforms this challenge…
September 9, 2025
A payment holiday is when borrowers can temporarily stop making their regular loan payments. It gives them breathing room during…
September 9, 2025
Repossession laws vary significantly across all 50 states, creating complex compliance requirements for loan servicers managing collateralized debt. Non-compliance can…
September 9, 2025
A loan modification changes the terms of an existing mortgage to provide relief during financial hardship, while loan refinancing replaces…
August 15, 2025
Lenders face serious problems with outdated systems. Legacy software creates bottlenecks, compliance risks, and limits growth. Manual processes slow everything…
August 15, 2025
Loan covenants aren’t just legal fine print; they’re essential tools loan servicers use to manage risk, track borrower performance, and…
August 15, 2025
When borrowers go dark due to missed payments, returned mail, or unanswered calls, collections stall. Incomplete data doesn’t just delay…