Rich is passionate about helping the modern lender stay
competitive in today’s ever- changing environment. With more than 40 years
devoted to credit risk management in consumer lending, Rich leverages his
experience to collaborate on GDS Link’s business development, product
evolution, credit consulting and strategic partnerships.
The Lending Link features some of the most engaging specialty lending leaders, innovators, and experts from a cross-section of FinTech, Banking, and Credit Union industries. If you are interested in becoming a guest on the show, please submit the following information; bio, headshot, industry, and interested topic to The LendingLink@GDSLink.com.
The Lending Link Powered by GDS Link is a podcast hosted by Rich Alterman and designed for the modern-day lender. Each episode deeply delves into innovation within the financial services industry and transformation efforts, including AI / ML integration, Modeling, Risk Management Tactics, and redefining Customer Experiences.
We have a wide range of guests from various lending institutions and diverse organizations who talk about strategies, technology, and everything in between.
In this insightful episode of The Lending Link, Rich Alterman sits down with Sarah Way Milovich, General Counsel and VP of Compliance at Carleton, Inc., to explore the intricacies of lending compliance, with a particular focus on the Truth in Lending Act (TILA) and Annual Percentage Rate (APR) calculations. Carleton, a leader in financial software and services for over 50 years, has been at the forefront of helping lenders meet complex regulatory requirements.
Sarah shares her journey from corporate attorney to her current role, offering a behind-the-scenes look at Carleton’s long history of providing critical compliance tools to major lending organizations. Sarah explains how Carleton supports lenders in navigating these complexities, from managing regulatory differences across states to the challenges of staying compliant with APR calculations.
Listeners will gain valuable insights into the differences between simple interest and add-on rates and the importance of accurate APR calculations in ensuring compliance. With the rise of state-level scrutiny and the growing use of AI in compliance, this episode is packed with expert perspectives on the evolving role of technology in the lending space.
Tune in to hear Sarah’s thoughts on the intersection of law, technology, and compliance, and discover how Carleton’s decades of expertise continue to provide essential support for lenders.
