by Christopher Liechty | Dec 5, 2013 | Finance
Our home improvement finance program is most effective when paired with a finance manager, and for good reason. The finance manager role is a time-tested way to optimize a financing operation. What started as a position created to comply with lending regulations in...
by Christopher Liechty | Nov 18, 2013 | Finance
When a regulatory body comes into conflict with industry powerhouses, fireworks are the result. And by fireworks, I mean a lengthy, sleep-inducing process punctuated by moments of double-speak and a complete failure to answer direct questions. Sorry. I just finished...
by Christopher Liechty | Nov 8, 2013 | Finance
Where loan origination is fragmented, payments get made to intermediaries for the services provided. In some cases, those payments are clearly disclosed to borrowers as fees on the loan. However, most of the time the cost of paying the intermediary is built into the...
by Christopher Liechty | Nov 5, 2013 | Finance
A common view of bankers is that we spend our mornings swindling the public and our afternoons rolling around in piles of money. While I can’t speak for the investment banking community, life in commercial banking is far less edgy (and far more ethical). In our...
by Christopher Liechty | Oct 24, 2013 | Finance
Admittedly, I love numbers. As a lender, numbers are the focal part of my daily work. A truly huge portion of my day is devoted to numbers. Numbers tell interesting stories, two of which I’d like to share with you. A Story of Scale We speak to contractors daily who...
by Christopher Liechty | Sep 24, 2013 | Finance
If the world were Facebook, nobody would “like” regulatory compliance. It is one of those costs of doing business that most prefer to spend as little time as possible thinking about. Kind of like keeping stocked up on kitchen supplies. What makes regulatory...
