by Brandy Nielson | Nov 23, 2022 | In the Press
Peak Consulting is pleased to announce the addition of Chris Raney. Chris has joined the Peak team as a Loan Consultant and is a welcomed addition to the Loan Consulting team which also includes Brent Reynolds and Cole Anderson. Chris brings over 11 years of banking...
by Christy Mollhoff | Oct 21, 2016 | Peak Points
MLA is the Military Lending Act that is enforced by the Department of Defense (DOD). The Final Rule amends the previous version of the MLA enforced around 2007. The new MLA updates went into effect on October 3, 2016. Below are some key facts to consider: No more than...
by Christy Mollhoff | Mar 29, 2016 | Peak Points
Are you still manually reinstating principal on your charge off loans? If so, then you know what a difficult process this is. What if this process could be automated?? The Premier® System has the ability to automate the process of reinstating principal. This is...
by Christy Mollhoff | Mar 22, 2016 | Peak Points
Note Exception: “Non-Accrual Int Exceeds Active Prin” Review the following information to correct the note exception reason “Non-Accrual Int Exceeds Active Prin”. Cause: This note exception occurs when the Non-Accrual Interest Paid exceeds...
