Blog - Lien Solutions

Lien Solutions’ Lauryn McAlister Bary to Present at Community Bankers Association of Illinois Convention

Written by Lien Solutions
Date August 2018

The presentation looks at five things that a lender simply cannot afford to miss when managing their lien portfolio. If they are addressed properly, a lender can confidently perfect their interest in a loan. McAlister Bary’s presentation will take place on Saturday, September 29, 2018 at 1:15 PM during the CBAI event held at the […]

 

Jurisdictional Challenges in Motor Vehicle Lending – White Paper Challenges in Motor Vehicle Lending

Written by Lien Solutions
Date August 2018

Whitepaper Gives Motor Vehicle Creditors New Ways to Cope with Multi-Jurisdictional Lending Problems

 

Motor Vehicle Title Management Process

Written by Lien Solutions
Date August 2018

In part 1 of this series, we discussed how the motor vehicle process makes things difficult for borrowers to title and register cars and trucks, as well as how that can negatively impact you, the lender. Today we’ll examine another roadblock that obstructs successful motor vehicle management: Electronic Lien and Titling (or ELT for short). […]

 

A Relationship that Creates Results: RV and Marine Lender Partners With Lien Solutions

Written by Lien Solutions
Date August 2018

The biggest hurdles were managing the high volume of lien perfection and follow up: verifying that perfection was attained, keeping track of paper files, making sure all steps were completed, and then maintaining the liens over time. Difficulty working with state DMVs and the subsequent hours spent on forms, submissions and follow-ups was another source […]

 

These 5 tips can help you secure your liens

Written by Lien Solutions
Date August 2018

Here we share five things that a lender simply cannot afford to miss when managing their lien portfolio. If they are addressed properly, a lender can confidently perfect their interest in a loan. For more on this topic, download the complete eBook. 1) Naming wrongs Even the smallest difference can cause a mountain of problems. […]

 

Vehicle Title and Registration: Improving the Process for You and Your Borrowers

Written by Lien Solutions
Date August 2018

Once you approve a borrower and they finalize their purchase, it’s in your best interest to perfect your lien on the vehicle. All states require a motor vehicle’s certificate of title to note your lien for you to become a secured creditor. But for the title to include your interest, the new owner must register the vehicle with the appropriate department of motor vehicles in their state.

 

Lien Solutions’ Konstance Discusses Artificial Intelligence

Written by Lien Solutions
Date June 2018

Artificial intelligence (AI) has been generating a lot of headlines lately, and for the right reasons. AI allows computing systems to process massive amounts of information and learn from that data without manual programming. This concept is also known as “machine learning”. Financial, regulatory, and compliance firms process massive amounts of information daily, and it […]

 

So you’re asking, “why manage?”…You should be asking, “why not?”

Written by Lien Solutions
Date May 2018

Priority #1 for lenders has always been to perfect their assets, and then to maintain the perfection of the asset portfolio over time. But every day brings changing circumstances that can impact the protections you’ve put in place, so lien portfolio management has to be an active, and proactive, effort.

 

Holistic management of your Lien Portfolio is the right thing to do

Written by Lien Solutions
Date May 2018

It’s always been important for lenders not only to perfect their assets but to manage and maintain the perfection of their portfolios over time. Changing events and circumstances impact the protections that have been put in place, and it’s necessary to be diligent in addressing them.

 

Holistic Lien Management

Written by Skip Lafon
Date April 2018

As a lending professional, it’s your job to ensure your company’s assets are protected with each loan it makes. As we’ve learned in Lien Management and Monitoring and Auto Continuation of this lien management primer series, that can be a real test. However, we’ve also discovered it doesn’t have to be difficult if you find the right partner that can provide automated solutions and guidance to overcome challenges.