A Mortgage in 30 Minutes? Fintech Says It’s Coming
American Banker, Mar. 28, 2018–Penny Crosman (subscription)
Quicken Loans’ Rocket Mortgage has made waves because it promises to process a mortgage application in minutes and close the loan in under a month, but a new upstart, Lenda, is aiming to knock the firm, now the largest nonbank home lender in the country, off its perch.
