VSI insurance, also known as Vendor Single Interest Insurance, is a specific type of insurance that aims to protect a lender’s portfolio of vehicle loans by transferring the risk to the insurance company.
With the fluctuation of lending markets, financial institutions must be prepared to enhance customer retention, acquire new clients, and manage risk – building a lending portfolio in any circumstance.
Make sure you’re protecting the balance sheet against mortgage origination and servicing oversights (for all real property secured notes). HUB Financial Services answers the most frequently asked questions about loan…
Higher interest rates and a tough insurance market have translated into financial institutions issuing more lender placed insurance. But some lenders might not be prepared for the growth. Here’s what…
Updated October 17, 2024 Optimizing a financial institution’s balance sheet management is an ongoing process that requires careful planning and execution. In this blog post, we will discuss best practices…
A robust balance sheet management strategy is essential to ensure the long-term financial stability of any financial institution. In this article, we will delve into the importance of adopting a…
Financial institution risk management is a constant concern and identifying potential pitfalls is crucial to maintaining profitability and stability. In this article, we’ll explore the most common lending risks and…