From the automated phone system that we engage with before connecting to a live customer service representative when we phone into a call center to the friendly chatbot that provides us with answers to frequently asked questions (FAQs) when we visit websites, artificial intelligence (AI)
The mortgage lending industry is forever a dynamic and rapidly changing landscape. New trends and developments continue to shape the way that lenders operate and compete. As we look ahead to 2023, it is important to be prepared for the challenges and ready to take
In recent years, you may have heard of something called a blockchain and how it will revolutionize the financial sector. Although we are likely a long way from getting rid of banks or centralized lenders altogether, blockchain technology is having a tangible impact on the
With the new year comes an economy that will have profound impacts on the lending industry. While a forecast of a recession is swirling around, it is believed to be mild and short-lived. Most Americans are confident that they will be able to get through
Private Eyes Screening Group has been selected as a background screening vendor for Wells Fargo for their CPG - Corporate Properties Group. Private Eyes is an approved vendor for Wells Fargo Vendors and Suppliers.
The advent of Open Banking has changed how consumers access and share their personal financial and banking information. While the EU has already embraced Open Banking, interest in the US is growing in its usage with both the consumer and the lender. Open Banking vs Traditional
With so many financial hardships affecting millions of American these days, zombie debts are among the most unexpected. They certainly surprise the affected individual and may even affect your ability to provide a loan. Here is what you need to know about zombie debts and
The IRS is making changes to the tax brackets for 2023. These changes are being made to avoid something called bracket creep, which occurs when a person's wages are increased to keep up with inflation but there is no change in that person's standard of
As a lender, you want to find the best home loans for your clients. Not only will you secure more loans that way, but you will also help your clients achieve their dream of homeownership. One type of loan well suited to many veterans is
Many student loan borrowers are overly joyed that Biden's new student loan forgiveness program can help to reduce their debt load and, in some cases, even wipe it completely out. However, as a lender to these individuals, it's important that you understand how the student