Group Demo – All Loans Aren’t Created Equal: Increasing Efficiency within Underwriting
Presenter: Collier Wright
Thursday, February 28 from 2:00 p.m.-2:30 p.m. ET
Every loan is unique, but one fact remains true: the speed of decisioning will determine who wins the business. As 2019 begins, it’s important for financial institutions to keep an eye on the promptness of underwriting across all loan types. Today, some financial institutions lump all of their loans together in their portfolio without differentiating between the easy approvals and the ones that should be restructured or quickly denied.
Setting up a unique loan scoring system through loan decisioning software can save time for analysts to review the loans with the best chance of maximizing earnings and managing risk, while increasing efficiency and speed of the entire underwriting process.
Join Collier Wright, Solutions Consultant, as he walks through the efficiencies that can be gained through Abrigo’s Loan Decisioning software.
You Will See:
- Examples of various scenarios, ranging from a low-risk, simple loan to a complex, multi-borrower loan decisioned within the software
- How Abrigo Loan Decisioning can render faster loan decisions and produce consistent documentation
- How Loan Decisioning can be configured to an institution’s unique decisioning rules
About the Presenter
Collier Wright, Solutions Consultant
Collier Wright is a Solutions Consultant for Abrigo, where he works closely with financial institutions to implement cloud-based lending products, advise on process improvement and educate banks and credit unions on how to leverage technologies to enhance traditional workflows. Prior to joining the consultants team, Collier served as a Product Manager at Abrigo, focusing on improving customers’ experiences using our credit risk products. Collier earned his bachelor’s degree in history from Slippery Rock University of Pennsylvania.