Tthere is nothing inherently wrong with traditional credit scoring models. In fact, they are excellent tools for gaining insight into consumers’ repayment history. However, there is a problem with the way they are treated as the end-all-be-all mortgage underwriting metric.
Tag: Business Strategies
Francesco Paola of Mozaiq.ai: How Intelligent Automation Helps Lenders Win
Lenders are squeezed on both sides – the need to improve loan profitability and at the same time ensure that their loan quality meets the new compliance criteria. Make no mistake, these two are related—compliance directly impacts profitability (and the lender’s reputation).
Francesco Paola of Mozaiq.ai: How Intelligent Automation Helps Lenders Win
Lenders are squeezed on both sides – the need to improve loan profitability and at the same time ensure that their loan quality meets the new compliance criteria. Make no mistake, these two are related—compliance directly impacts profitability (and the lender’s reputation).
Michael Carpenter of NContracts: Risk Management Controls—a Primer
Risk management is a critical aspect of banking and mortgage operations. However, one area that often draws resistance is risk management controls. The concept may seem intimidating or overwhelming, but when you break down the components, you’ll find risk management controls aren’t nearly as complicated as you think.
Francesco Paola of Mozaiq.ai: How Intelligent Automation Helps Lenders Win
Lenders are squeezed on both sides – the need to improve loan profitability and at the same time ensure that their loan quality meets the new compliance criteria. Make no mistake, these two are related—compliance directly impacts profitability (and the lender’s reputation).
Michael Carpenter of NContracts: Risk Management Controls—a Primer
Risk management is a critical aspect of banking and mortgage operations. However, one area that often draws resistance is risk management controls. The concept may seem intimidating or overwhelming, but when you break down the components, you’ll find risk management controls aren’t nearly as complicated as you think.
#MBACMST23: Learning from Downturns
CHICAGO–Real estate has always been a cyclical industry, so we can learn a lot from past downturns, panelists noted here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
Jason Wilborn of Accenture Credit Services: Tech Dreams
I was listening to a panel of industry executives when it occurred to me something incredibly important was missing from the conversation topics. The all-important intangible component, the dream of home ownership. The dream you ask? More on what I mean in just a minute.
Michael Carpenter of NContracts: Risk Management Controls—a Primer
Risk management is a critical aspect of banking and mortgage operations. However, one area that often draws resistance is risk management controls. The concept may seem intimidating or overwhelming, but when you break down the components, you’ll find risk management controls aren’t nearly as complicated as you think.
Jason Wilborn of Accenture Credit Services: Tech Dreams
I was listening to a panel of industry executives when it occurred to me something incredibly important was missing from the conversation topics. The all-important intangible component, the dream of home ownership. The dream you ask? More on what I mean in just a minute.