Digital mortgages

In exclusive new research, lender representatives reported an overall strong relationship with technology compared to bankers, insurers and wealth managers.

Emerging mortgage bankers can achieve a competitive advantage against big-box lenders by prioritizing a digital-forward mortgage business, writes the CEO of Click N' Close.

The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help. 

The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help. 

The partnership, which is expected to ease lending for bank statement loans, comes as the non-QM sector runs into headwinds.