Industry News
Wells Fargo, worried about defaults, stops making loans to most independent car dealerships

Wells Fargo, one of the biggest lenders for new and used car purchases in the US, sent letters to hundreds of independent auto dealerships last month announcing they will no longer accept loan applications from them.

cnbc.com
Mortgages boom as other lending slows, but for how long?

The industry's market share is up a full percentage point per data from Callahan & Associates. Also, according to MBA data, refinancing homes accounted for about 54% of Q1 mortgage business. While lenders are enjoying the additional fee income from refis, it is suggested to not be too focused on that side of business because they could be left with nothing in the purchase pipeline once the boom ends.

cujournal.com
July holidays, fun facts, and folklore!

Here's everything you need to know about the month of July—from holidays to astronomy to history.

Connect with Us:
Contact Info:

Phone: 800-749-5440
Website: isicpi.com
ISI is an administrator of Collateral Protection Insurance (CPI) and Blanket Lenders Single Interest (BLSI) for financial institutions. We provide insurance, lending, and marketing products to the financial institution marketplace. Our mission is to deliver the best products and services in the industry through responsive service, comprehensive coverage, and advanced technology. We combine the lender's vision and our proven plan to create a portfolio that matches the lender's needs for a successful program and partnership.