Best Practices Selecting Loan Servicing Software
Step by step guide on criteria to use when selecting new loan software.
July 15
Nortridge Software Blog
Latest updates and resources.
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How Much Did Han Solo Owe?
How much did Han Solo owe to Jabba the Hutt? - Our favorite author Aaron Abrams geeks out on both Star Wars and Finance!
Two Insights that Metrics Don't Give You
Sure you should use management reports, financial statements, and KPI’s but here’s what they are missing that you don’t want to disregard.
Newest TCPA Law - Are You Up To Speed?
The newest Telephone Consumer Protection Act creates rules for loan collectors. Here are the details.
Are Electronic Signatures Fully Enforceable?
Moving from paper filing to making fillable pdf’s and electronic signatures is a great approach.
Get Your Customers to Remember You By Telling Stories
Here’s the best marketing advice for the lending industry: Tell the story behind the loan. It’s more memorable, engaging, and the best way to build a brand.
Best Practices for Database and Version Upgrade and Testing
Here is a list of the optimal procedures for initiating an upgrade of the software version on the client computers and performing the database upgrade.
The Hiring Conundrum
Business executives deal with the constant internal pressure to expand the employee count against the desired profitability of the business. How do we learn to work smarter, faster and more efficiently? What can be leveraged to give us a competitive advantage in the marketplace? What tasks can we eliminate or change to take less time?
The Hiring Conundrum
Maximizing profits with the minimal amount of resources is always a desire for all businesses. But is it possible? Can the answer be technology?
Accounting for Reverse Mortgages
Learn the basic accounting principals for a reverse mortgage and it’s qualifications.
Humanizing Marketing
Learn how you can humanize your market and how it can benefit your business.
So What the Heck is the Money Supply Anyway?
Money is a strange thing. It has elusive properties that no other thing in our experience seems to have.
How to Build A Foundation For Compliance
One of the keys to a compliant lending operation seems really obvious and straightforward - manage all workflow systematically.
Why Mortage Loans Are Fixed Amortized
When mortgage loans are amortized making a late or early payment doesn’t affect the interest or payments, but if it was simple interest it would.
The Relationship Between Interest and APR
The difference between interest and Annual Percentage Rate or APR is when the interest is accrued.
Lending Technology Trends and Forecast for 2014
Here are some lending technology trends that we forcast in the upcoming new year.
Flexibility: The Difference Between Triumph and Disappointment
Creating flexibility in business means hiring people that have flexible positions that meet business demand.
The Math Behind Simple Interest and the Rule of 78s
Learn about the difference in calculations between Rule of 78s and Simple Interest
Balloon Payments Explained
Learn the basics and fundamentals of what balloon payments are.
Top 4 Lending Trends of 2013
This year the industry is expected to grow 3 percent, peer to peer lending is causing a ripple effect, and the auto finance industry is ripe for disruption
Turning Off Accrual Processing Is Not Non-Accrual Loan
In NLS, turning off accrual processing is a completely different thing than non-accrual loan. Learn why.
Borrower Portal A Jumping Off Point
Nortridge Software proudly presents the Borrower Portal website template.
How I First Learned About Nortridge - A Fan of Flexibility
Judy, a sales representative at Nortridge tells her story about how she first heard about Nortridge while working for a distressed debt buyer.
Standard Loans Versus Cashflow Loan Calculations
Learn about the calculation behind a standard loan vs a cash flow loan.
The Pros and Cons of Servicing a Loan In-House
Learn about the the pros and the cons of servicing a loan in-house vs. hiring an external company to service the loan.