These days, it’s easier than ever for consumers to arrange their auto insurance online. Just think about it. There is everything from fintech platforms to self-service solutions that give consumers the power to choose the insurance product they need when they need it.
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Unitas Financial Services
Recent Posts
How VSI Protects Lenders Against Charge-Offs
Innovative Borrower Communication Strategies for Lenders
Few aspects of modern business have gone untouched by the digital transformation of the last decade. For banks and credit unions, technology has rapidly transformed how they communicate with customers. Younger tech-savvy consumers have grown up comfortable interacting in a myriad of ways with financial institutions. With more data and analytics available than ever, lenders can tailor their approach to become more efficient and results-focused in their interactions.
Risk Rating 2.0 - A Much Needed Modernization of Flood Risk Assessments
In this post we dive into Risk Rating 2.0, FEMA's National Flood Insurance Program's new risk model. What began as a program in 1968, FEMA’s National Flood Insurance Program (NFIP), is undergoing a massive modernization effort in order to better assess a property’s flood risk. Risk Rating 2.0, first introduced in 2019, is the first major change to how properties are assessed for flood risk under the NFIP since the early 1970s.
2021 Lending and Delinquency Forecast
The COVID-19 pandemic has had a devastating effect on economies globally. Almost daily, there's news of businesses closing down and employees being laid off or facing salary cuts.
Community Lenders Provide Relief Despite Setbacks in 2020
A Closer Look at your Home Equity Lending Program
Mortgage originations, whether new home purchases or refinances, have been booming over the last several months. The latest projections from Freddie Mac have $3.6 trillion for 2020, and 2021 is expected to produce $2.6 trillion. With all these purchases and refinances, why is now a good time to revisit your home equity program?