News Archives - Lien Solutions

Title washing and the use of NMVTIS for lenders

Written by Marina Hardy
Date July 2019

Title washing continues to be a problem for lenders across the US. A title washing scandal made the news as recently as August 2019 when Illinois authorities uncovered a scam in which participants used fake “Release of Lien” documents to get clean titles, according to ABC 7. This form of fraud spikes after natural disasters like hurricanes and floods damage many vehicles — but it can happen anywhere, at any time.

 

Lien Solutions visits answers a beacon from The Lighthouse

Written by Lien Solutions
Date January 2019
In News

The Lighthouse is a nonprofit education and service center that assists blind and visually impaired people and gives them the tools they need to live independently. As a member agency of the United Way of Greater Houston, The Lighthouse serves around 7,000 people every year and is one of the nation’s leading rehabilitation centers providing […]

 

State Tax Lien Searches & Lien Registries

Written by Lien Solutions
Date February 2018

It’s your prerogative, as a lender, to learn as much as you can about a potential borrower’s finances before you offer terms and finalize a loan. You get this information through due diligence, which involves searching for claims on the person or business’s property. If you’re going to become their creditor, you want to make […]

 

Blockchain 101 Part 3 – From Theory to Action

Written by Lien Solutions
Date January 2018
In News

Blockchain technology has a lot of promise to streamline and even revolutionize the processes in various financial applications.

 

Auto Loan Delinquencies are on the Rise – and that means more paperwork for lenders

Written by Rick Vanko
Date December 2017
In News

Repossession affidavits are a part of recovering on a defaulted auto loan, yet they’re rarely discussed.  Here’s what you need to know.

 

Blockchain 101, Part II – Industries and Applications

Written by Nasser Ansari
Date November 2017
In News

Imagine you are an asset-based lender. After the loan closes you have constant visibility of the underlying asset (a tractor, for example) throughout its lifecycle. You are able to track the value of the asset and automatically feed it into your loan portfolio that constantly analyzes risk. If the value falls below a threshold the system automatically triggers previously agreed-upon adjustments in the contract minimizing the risk to your lending portfolio.

 

Blockchain 101 – Blockchain primer for finance and compliance Industry

Written by Nasser Ansari
Date November 2017
In News

By now you have probably heard about blockchain and its effects on the financial sector. The technology continues to receive widespread attention, mostly due to Bitcoin, the first large-scale implementation of blockchain technology.  Equity-based investment in blockchain pure-plays outside of traditional financial companies has grown to more than US $1 Billion this year.

 

CT Lien Solutions is Now Wolters Kluwer’s Lien Solutions

Written by Lien Solutions
Date May 2017
In News

Change Reinforces Wolters Kluwer’s Commitment to Industry-Leading Compliance and Risk Management Solutions