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Webinar to give growth-minded credit unions timely advice for strengthening mortgage lending in 2016

QR Lending discussion will help institutions set the stage for competing successfully in 2016

LAKE CITY AND MADISON, FL, WI (December 23, 2015) — QR Lending, Inc. today announced that it is conducting a complimentary webinar for credit unions on January 16, 2015 at 2:00 p.m. ET titled Mortgage Lending: The Right Tools and How to Use Them. This timely online discussion will help attendees gear up for challenges they will face in 2016, including ever-changing regulations – new and proposed rules, in addition to those already finalized.

Mortgages continue to be very different, quite unlike anything seen in the past. Because of this shift, it’s wise for credit unions to question if their current technology (or mortgage services partner) can carry them forward. Mistakes in the process may be irreparable in 2016. Do-overs are history now, and even an institution’s portfolio may no longer be an option.

Amid this confusion, profitability pressures are mounting. As operational expenses and capital requirements increase, some experts say that investing in transformative technology systems will help to offset costs, maintain regulatory compliance and improve operational efficiencies. However, that course of action raises concerns about affordability, and begs the question whether institutions can achieve the same results without heavy technology expenditures. This webinar will take an in-depth look at the options for credit unions, and highlight the cost-effective impact that partnering with QR Lending can have on the future.

Attendees will learn:

  • What technologies are required to process mortgages and remain compliant in next year’s environment
  • How CUs can benefit from an LOS that integrates all the sophisticated processes required to produce compliant and saleable loans – without technology capital outlays
  • The benefits of a single system for satisfying disclosure requirements, pulling credit and loan scoring, scores, underwriting, and closing the loan and servicing the mortgage. credit – for mortgages and other types of loans
  • How to gain the accuracy, speed and flexibility to achieve a competitive edge – even in a hotly contested marketplace
  • Why easily changing your business model just makes sense – and for multiple reasons

Credit unions may register for this event at www.qrlending.com/webinars, or for immediate assistance contact QR Lending, Inc. at 888.766.4734.

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