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Not Too Early for Lenders to Regroup and Think Ahead
As banks deal with the fallout from the credit crisis, they also are looking to the future, eyeing technologies and strategies that will position them to succeed when lending picks up again.
In the Aftermath of the Credit Crisis, Some Banks See a Silver Lining
Despite the ramifications of the credit crunch on a wide range of lending lines, many banks -- particularly community banks -- are finding new opportunities in its wake.
RealEC Connects Lenders to Mortgage Services Providers
Commerce Bank manages mortgage services providers via a collaborative partner network.
Pay Attention to the Bad News When Converting to a New Core System
There's a bit of an uptick in the marketplace right now regarding core conversions among banks of all sizes, even the giants. But be aware that this is the kind of stuff that arrives at the Gillis Gossip Gateway. It's mostly hearsay, whereas I deal in proof as supported by numbers. In 2007, the churn rate for core conversions among the 16,881 financial institutions was only 2.7 percent. It's been dropping every year for at least the past six years. So the accurate realization will arrive this ti
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