Credit Corp
DECEMBER 14, 2020
It let the Woods replace their home with a new, safe, affordable, energy-efficient manufactured home. The award was for expansion of an innovative financing program for manufactured housing mortgage loans. One of the biggest things a lender considers before approving a loan is the amount of credit risk that comes with the borrower.
Debt RR
OCTOBER 13, 2019
It’s how lenders measure an organization’s available cash flow to pay off debt obligations, essentially a credit score for a business. DSCR is just one of many metrics lenders use to determine an organization’s ability to pay, however, it’s the most important. Debt-service coverage ratio (DSCR) is a vital corporate finance tool.
Fico Collections
JUNE 8, 2023
Andrew: Lenders can now extend multiple offers to consumers and more of the consumer application process is now digitized and fulfilled before the customer even visits the dealer F&I office. Whereas a dealer is in one location, lenders deal with multiple regulatory destinations. We’re on the cusp of a very exciting future.
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