Amid a new administration and new lending rules entering the arena, 60% of organizations say they are struggling to keep systems aligned with evolving federal and state rules.
That’s according to new survey findings from Carleton, a provider of compliant loan calculation and disclosure solutions. The company evaluated the extent to which lenders face ongoing compliance risks, loan calculation inaccuracies and regulatory change management challenges.
A survey of more than 2,000 lending, banking, auto finance and fintech professionals — including mortgage technology providers, originators, banks and credit unions — found that two-thirds of organizations face loan payment discrepancies on at details ⇒
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