Check out the most recent LenderClose updates in the article previews below.
How to Increase Long-term Margins Post Pandemic
By Allen Jingst
The pandemic caused widespread hardship for consumers and heavily impacted how credit unions (CUs) needed to operate. Members increased their savings withdrawals and requested deferrals on loan payments and avoided taking out new loans. To provide relief for members, CUs cut fees including loan and application fees.
LenderClose Promotes Essential Employee & Expands Operations Team
LenderClose, a real estate and home equity lending technology platform, has promoted one of its essential employees and expanded its operations team to further the fintech firm’s dedication to help financial institutions enhance the borrower lending experience. Trinh Le-Coulter, former Director of Operations, has been promoted to Vice President of People Power. The new team members are Bill Taha, Director of Operations, and Sheena Lovan, Operations Specialist.
Team Member Spotlight: Crystal Henderson
LenderClose team members come from many different backgrounds and constantly find ways to spark greatness. The Team Member Spotlight series highlights one of our team members each month. This month, the spotlight is on Crystal Henderson, operations specialist, who has been at LenderClose since November 2019.