Beware the Banking Hindenburgs
Imagine being asked to financially back the Hindenburg, and you decide it’s a good idea because, well, even though it’s kept afloat by highly-explosive hydrogen, it has decent assets. After all, there’s plenty of metal in that thing, and that’s got to be worth something, right? Besides, as part of the deal, you establish that […]
Financial earthquakes can happen without warning!
The Maginot Line. The Titanic. Everyone knows these historic examples of hubris and false security, and no bank wants to be compared to such disasters. But sometimes, even if you have done everything right, and regulators have given you an A+, environments can change quickly, and in a day you can go from impervious to impoverished.
Why ORSNN is Excited About ALM AI
Innovation and transformation are at the heart of what we do at ORSNN. We’re passionate about crafting cutting-edge solutions that reshape and redefine how financial institutions operate. Central to our mission is our newest venture – ALM AI.
Credit Unions are Positioned for a Financing Pivot
This week our CEO, Sean Banerjee, was featured in the Asset-Backed Alert in an excellent article on how credit unions are positioned for a financing pivot! We’ve prepared a summary of the article here, or you can read the whole document below to discover how ORSNN is uniquely positioned to be a part of this […]
Credit Union Participations 101
For credit unions, loan participations offer a means of mitigating risk and enhancing returns, while also giving them the ability to diversify their portfolios through collaboration.
What is Whole Loan Trading?
Lenders may seek to avoid the entanglements accompanying the lending of loans by reselling the loans on the secondary market.
What is a Whole Loan?
A whole loan refers to a single loan issued by banks or other lending institutions that is not broken up for resale in the secondary market. The loan can take many forms, both commercial or consumer-related, including vehicle loans or mortgage loans.
Our Story – How it all began
Today, approximately 80% of mortgage, commercial real estate, and consumer loan portfolios are traded manually, leaving most FIs in the dark on transactions and markets.
ORSNN Launches Powerful Whole-Loan Trading Platform To Beta
ORSNN is a multi-functional platform that provides financial institutions with a low-cost, transparent, and automated loan-trading system powered by machine learning and cloud technology.