ONTARIO, Calif. (6/17/11)--Lending Insights, providers of analytical tools and business intelligence solutions, has partnered with Solutions in Finance to expand on the consulting services it offers credit unions. Initially introduced to credit unions in the first quarter, Ontario, Calif.-based Lending Insights’ consulting services have expanded to more than 35 areas related to lending. The new consulting services offered through the partnership with Solutions in Finance focus on a number of areas:
* Collection strategies; * Lending guidelines and procedures; * Loan pricing; * Repossession/remarketing process; * Loan origination process; * Credit quality review; and * Management and organization.
Lending Insights also provides credit unions with online monitoring and reporting tools designed to help credit unions manage their loan portfolios, and meet regulatory compliance. The company’s Lending Performance Management System tracks performance and trends against a credit union’s goals and provides branch management tools, “drill-down” capabilities to assess performance by portfolio segments, and market intelligence tools to benchmark credit union performance against other lenders. Solutions in Finance is a Los Gatos, Calif.-based consulting firm that provides services for financial institutions in consumer lending, indirect lending, mortgage lending, and collection operations. The company integrates collections operations best practices with strategies and processes, with a focus on decreasing delinquency and charge-offs, and increasing charge-off recoveries.