Articles

Dynamic Interface Systems Corporation (DISC) hopes you enjoy these articles that are written by industry leaders. Clicking on any of these links will open that particular article into a new browser window.

Automation Helps Reduce Delinquencies from Consumer Lending Report - Loan Review
When asked what their delinquency rate is, most retail lenders are hard put to come up with accurate figures -- mainly because figures are often not readily available.

Biweekly Mortgages Enter the Market from The Credit World - Technology brings mortgage change
The lending industry has entered an era of major challenges as Biweekly mortgages enter the market matching perfectly the needs of consumers and lenders alike.

Biweekly Loans May Head West from Los Angeles Times - Homes and Industry - Real Estate
The chicken... the egg... the chicken.

Bi-Weekly Payments Schedules: A Trend Whose Time Has Come from The Mortgage Finance Review
Talking to lenders throughout the country, I've discovered a rapid acceleration of companies offering bi-weekly payment schedules to their borrowers.

In-House Service for Captive Financials from Manufactured Home Merchandiser
Few manufactured home retailers and manufacturers use captive financing for all of their credit customers, but this method can be a significant capital generator when properly implemented.

Choosing Collection Software: A Buyer's Guide from WARREN, GORHAM & LAMONT, INC. - Bank Operations Report
For years, banks were good guys when it came to collecting past-due payments. When a customer was late, the bank would simply type and send a standard letter. If the customer still didn't pay up, the bank would send another letter. and then another.

Collection Muscle lets Utility Handle Loans from Electrical World - T and D Edition
Louisville & Jefferson County Metropolitan Sewer District (MSD), Louisville, Ky, planned to offer all new customers the option of financing their sewer line connections at the lowest possible cost.

How to Turn a Collection Division into a Profit Center from Phillips Business Information Inc. - Credit Risk Management Report
Excellent advice and tips to help Consumer Credit Executives increase the profitability of the collections department by improving a collector's moral and performance.

How Collection Software Can Reduce Delinquencies from Electrical World - T and D Edition
You may know how many account delinquencies you have, even the total dollar amount involved. But do you have the tools to collect effectively?

Delinquencies Down, Recoveries Up at Southwest National Bank from Banking Software Review - an ICP Publication
While the banking industry has adopted computerization for most tasks, the collections function has generally lagged behind. Even large banks with sophisticated investment portfolio and loan management computer systems often rely on such manual methods as using index cards with scrawled notations for tracking delinquent accounts.

High-Tech Mortgage Servicing Requires Methodology, Patience and Understanding from BOTTOMLINE - National Council of Savings Institutions
Computers, regulations, consumer demands, economic turmoil and industry deregulation have altered the mortgage lending process. Savings institutions are responding by integrating automation with organizational changes. In this regard, patience and organized planning are essential; they can save you money and relieve stress.

How to Choose a Collections System from Bankers Monthly
Choosing collection software is comparable to hiring a new employee --both are somewhat of a gamble, but there are ways to minimize risk.

Improve Cash Flow by Training Collectors in Technique of Collecting from Servicing Management - The Magazine for Loan Servicing Administrators
Improve cash flow by training collectors in techniques of collecting. Establish high standards and teach collectors to be succinct and keep calls less than a minute.

Technology Update...Improving Collections Efficiency Through Automation from Robert Morris Associates - The Journal of Commercial Lending
This article is designed to help bankers who still track their delinquent loans with scribbled notes on index cards. The authors assert that such methods not only leave banks open to inaccuracies but also impede profitability.

In-house Financing from Boat and Motor Dealer
Few boat retailers use captive financing for all their credit customers, but it can be a significant capital generator when properly implemented.

Phoenix Micro Systems at Edge of New Wave of Leasing Options from Computer Reseller News
A critical selling point for just about any value-added reseller is financing. As the VAR market has matured, helping a customer secure capital and/or work out a convenient payment schedule has become as vital a selling barometer as the actual system itself.

Technology Update: Managing Your Loan Portfolio with Computer Software from Robert Morris Associates - The Journal of Lending and Credit Risk Management
This article highlights current loan servicing software capabilities to reduce problem loans and outlines a plan to assess current systems and evaluate future needs.

Delinquency - Automation Can Improve Management Controls from EXECUTIVE - The Management Journal of Credit Union Professionals
Losses from loan management inefficiencies may be difficult to calculate, but the effects are indisputable. Your staff is busy tracking late payments, compiling aging reports and tracing posting errors instead of processing new loans.

Creating a Market for Biweeklies from Los Angeles Times - Homes and Industry - Real Estate
What better testament to Spinoza's observation that "nature abhors a vacuum" than in the varied attempts made by California homeowners in the last couple of years to utilize the biweekly mortgage, even though, technically, no market for them existed?

Mortgage Lending - Are You Ready to Handle Biweekly Mortgages? from MicroBanker - The Research Letter on Financial End-User Computing
You're probably not inundated with requests for biweekly mortgages, often known as the Canadian payment plan for where they originated. But MICROBANKER has received a number of requests from bankers looking for programs that can handle biweeklies, so we decided to take a closer look.

Online Loan Management from Servicing Management - the magazine for Loan Servicing Professionals
Introducing a sophisticated online loan portfolio management system fully compatible with Microsoft's new Windows 98 operating system.

Reduce Delinquencies with Collection Software from Credit and Collection - Manager's Letter
Your collection performance depends on the accuracy of the information provided by your credit management system.

Tips for Selecting Asset-Based Lending Software from MicroBanker-The Research Letter on Workstation Computing
Asset-based lending (ABL), for many banks, represents the last frontier in high-margin loans. Is your bank is venturing into asset-based lending?

Software Firm Helps Lenders with Paperwork from Daily Commerce
In recent months, low interest rates have stirred up a near-frenzy of loan activity, creating business for both lenders and the businesses that cater to them.

Move on to Win the West for Biweekly Mortgages from Los Angeles Times - Homes and Industry - Real Estate
"Anyone who takes out a 30-year mortgage - particularly with the new tax law changes - is doing himself a terrible disservice. The only way you can justify the 30-year mortgage is with a biweekly payoff."