banner1.jpg

Blog

Unitas Financial Services

Recent Posts

How VSI Protects Lenders Against Charge-Offs

Submitted by Unitas Financial Services on July 30, 2021

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.

Read More

Innovative Borrower Communication Strategies for Lenders

Submitted by Unitas Financial Services on June 15, 2021

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.

Read More

Risk Rating 2.0 - A Much Needed Modernization of Flood Risk Assessments

Submitted by Unitas Financial Services on April 22, 2021

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.

Read More

2021 Lending and Delinquency Forecast

Submitted by Unitas Financial Services on February 15, 2021

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.

Read More

Community Lenders Provide Relief Despite Setbacks in 2020

Submitted by Unitas Financial Services on November 25, 2020
In a year full of challenges, one of the most powerful themes to emerge has been one of gratitude. During a time of uncertainty and change, the kindness and support of others has been a guiding light that has moved us forward in this new reality. Community lenders are no exception. Let's look at how the circumstances that came about in 2020 have affected community banking centers that are the heart of our country.
Read More

A Closer Look at your Home Equity Lending Program

Submitted by Unitas Financial Services on November 16, 2020

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?

Read More

Subscribe to Email Updates