With lenders now recognizing the power of alternative data during underwriting, homeownership decisioning can be made with more confidence and less risk – leading to healthier financial portfolios.
Tag: Personal Finances
CFPB Issues Personal Financial Data Rights Rulemaking
The Consumer Financial Protection Bureau on Thursday outlined options it said are designed to strengthen consumers’ access to, and control over, their financial data.
TransUnion: Coronavirus Giving Millennials Toughest Financial Challenges
The COVID-19 pandemic is causing similar financial hardship for consumers around the world, but new research from TransUnion, Chicago, shows Millennials are being challenged the most.