Check out the top business stories on TV and online these days, and the headlines in magazines and newspapers, too. Listen to your associates’ stories. It’s all about who’s been hacked, what company got breached and how much client information landed in the wrong hands.
The Private Student Loan asset class, often overlooked by banks and credit unions, is actually a valuable, low-risk asset class that offers solid returns and can help banks/credit unions promote long-term relationships with their current customers. Below are six reasons to consider creating a student loan asset class.
Over the recent several years, our industry has come under heavy scrutiny from regulatory agency oversight, enforcement actions and requests for information and it seems to constantly be in the news. The YourLoanAdviser view is one of calm confidence. As a highly regulated institution, we fully understand what it takes to run a successful – and compliant – private student loan operation.
The private student loan asset class is an excellent investment for strong returns as a securitized asset. But this notion is a bit of a secret to small banks, credit unions, financial advisors, portfolio holders, originating lenders and others. The question is… why?