Storm season is already upon us, and while we can’t control the weather, we can take steps to be prepared. There is no time like the present to start taking preventative measures to help your household be prepared for the unpredictability of Mother Nature.
Blog
Unitas Financial Services
Recent Posts
The Benefits of a Vendor’s Single Interest Policy, According to AI
It seems like all anyone can talk about these days is AI (artificial intelligence), and for good reason. AI is at the forefront of helping companies across many industries streamline and improve efficiency. So, it was no surprise when we asked ChatGPT about the benefits of a vendor’s single interest policy that the response was spot-on.
How VSI Protects Lenders Against Charge-Offs
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.
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 - 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.