Documents » career loan officer.
Abstract: Today, 70 to 80 percent of costs for processing
loan applications are people-related. From a mortgage company’s perspective, this results in increased costs and decreased revenues. With ever-changing
loan products, enterprises are forced to build or buy new
loan origination systems periodically. And to meet these challenges, they’re choosing technology that focuses on solving business problems, not technical problems.
PubDate: 5/23/2007 2:36:00 AM
Abstract: At any given time, one in four mortgage providers is looking to upgrade its loan origination system. The reason: its current system provides low rates of automation—including some processing functions that are not automated at all. Using people to process loan applications decreases profitability of a company in several ways, but by automating more processes, profitability can be improved—and the hidden costs eliminated.
Abstract: With its recent rapid growth, Bank of Choice found that paper-based loan approval processes were standing in the way of providing the fastest and most effective customer service. The bank decided to adopt a document management system (DMS) based on software from a Microsoft® Gold Certified Partner. Find out how the bank improved customer service, reduced the costs associated with meeting regulatory compliance, and more.
Abstract: A full member of the Barclay’s Group, UK-based FIRSTPLUS Financial Group specializes in personal loans and loan refinancing. As with all businesses that experience rapid growth from the outset, its critical processes had evolved without much structured planning. That’s why FIRSTPLUS needed a strategic business process management (BPM) solution for structural process implementation and automation across different areas and functions.
Abstract: On September 21, PeopleSoft founder David Duffield stepped down as chief executive of the struggling business software maker. The 12-year-old company announced that president and chief operations officer Craig Conway would take on the additional role of chief executive officer. Duffield will remain chairman of PeopleSoft's board.
Abstract: System Software Associates, Inc. (SSA), announced on September 14 that its Board of Directors has named Robert R. Carpenter, a highly-experienced executive in the technology services sector, as Chief Executive Officer and Chairman of the Board of Directors. In naming Mr. Carpenter, the Board has completed an extensive search process for the retiring Chairman and Chief Executive Officer, Mr. William M. Stuek. Mr. Stuek commented that
Abstract: The step from Chief Information Officer to Chief Executive Officer seems like it should be simple, but few manage to take it. Sure you’ve managed a budget, engaged in strategic planning, and saved the company a bundle of money. Experience like that just gets you in the game – your ace-in-the-hole is something you didn’t train for.
Abstract: ATLANTA, Georgia -- Manhattan Associates Inc. MANH, the global leader in best-of-breed warehouse and transportation management systems, announced the appointment of Richard (Dick) M. Haddrill, former president and chief executive officer of Powerhouse Technologies, as president and chief executive officer reporting to Alan Dabbiere, chairman of the board for Manhattan Associates, effective January 1, 2000. Dabbiere will continue to play an active role as chairman of the board and will remain involved in strategic projects associated with the company's future direction. PRNewswire, 10/18/99.
Abstract: As customer experience initiatives take center stage, many companies are appointing a dedicated executive to lead the effort. Download this new Forrester Playbook for insights and lessons learned from customer experience executives who’ve been there.
Abstract: Oracle and Citigroup bank on integrating B2B exchange and financial services. Will Bailey Building and Loan Association get into the act?
Abstract: TEC spoke with the President and Chief Executive Officer of OpenMFG, Edward L. Lilly, Jr., to find out how OpenMFG is leveraging commodity Free and open source software platforms to more cost-effectively deliver its own ERP solution.
Abstract: With seven consecutive profitable quarters, a feat unprecedented in the company's recent past, IFS enters a new phase of sustained profitable growth, along with its new chief executive officer. However, there are some challenges that just will not go away.
Abstract: Chief information officer reporting relationships continue to be distanced from the strategy function. The marketing function is experiencing this same distancing from strategy. However, the two functions should be on the leading edge of strategy, rather than the receiving end.
Abstract: The Board of Directors of J.D. Edwards & Company has reappointed C. Edward McVaney to the position of President and Chief Executive Officer, replacing Doug Massingill who resigned from the position and from the Board effective immediately.
Abstract: Staking its claim as the preeminent communications company for the digital generation, MCI WorldCom announced a major initiative to build upon its advanced global data and Internet services. On April 13, 2000, President and Chief Executive Officer Bernard J. Ebbers unveiled the new vision and plans for the future of the company.
Abstract: Sagent Technology has been hit with a class action complaint for violation of the Securities Exchange Act of 1934. According to the complaint, company officers misrepresented Sagent’s 1999 and 2000 sales prospects to give them time to sell over $8 million of their own stock. The officers sold their stock at prices as high as $27.875, but after the true revenue projections were revealed, the stock dropped as low as $7-7/32. Interestingly, both the Vice President of Sales and the Chief Financial Officer resigned after they received their millions of dollars in proceeds.
Abstract: A customer relationship management (CRM) system's potential can be lost if the chief executive officer (CEO) doesn't play a continuous role in its implementation—especially when it comes to pain management, the operational relevance of CRM, and potential impediments.
Abstract: For a successful customer relationship management (CRM) implementation, the chief executive officer (CEO) must have an ongoing role in the process. The project implementer must be aware of common CRM misconceptions, and communicate the nature of CRM to c-level management.
Abstract: With the frenetic pace of global mergers and acquisitions (M&A) showing no sign of abating, nearly every chief information officer (CIO) today must at some point grapple with the enormous challenges of integrating acquired companies. But too often success eludes the merged companies—with IT getting part of the blame. Find out how to avoid common M&A pitfalls and achieve rapid, highly effective post-merger integration.