Whether verification of income, employment or assets; or payment histories tied to rent rolls and utilities like mobile phone service; by incorporating these additional data sets into the loan decisioning process, lenders gain a deeper understanding of the borrowers they serve.
Tag: Alternative Credit Models
Jim Paolino of Mortgage Sentinel: It’s Time for Lenders to Start Planning for a Changing Market
Demographic and other changes indicate mortgage industry is at a crossroads with the way we’ve done business for years.