Manage Lending Risks - Center Content

CU Lending Solutions extensive knowledge managing risks associated with indirect auto lending is embedded in our entire training curriculum.  Steps in this process include:

·              Implement strategiess for determining dealer fraud

·              Implement an Underwriter exception approval policy 

·              Processes to Review:

              Performance of borrowers
              First payment defaults
              Delinquency trends       
              Static pool data 

                                       Remarketng efforts

 When lenders receive credit applications from third parties ( auto dealers) there is always an increase in risk that is not present when taking an application directly from the potential borrower.  CU Lending Solutions protects their partners by personally handling all potential dealer fraud issues including making the demands on dealers for contract repurchase that are sometimes necessary.   
 
Copyright 2007 CU Lending Solutions