CU*Answers enhancements to participation lending in the works

With more and more credit unions expanding their loan participation portfolios, CU*Answers is staying ahead of the game with a series of projects that improve the reporting and maintenance of these loans. Enhancements are in the works to expand reporting of open-end loans and improve the month end investor settlement process. Charlie Rogers, account executive for CU*Answers Management Services said, “input from our clients has been instrumental in enhancing our software, making it one of the most robust participation loan servicing platforms on the market.”