NMN Underwriting 2022

LendingTree participants made 11 fixed-rate mortgage offers for every one ARM in the first half of 2022. Last year it was a 41-to-1 ratio.

Silvio Tavares, the credit score company’s relatively new leader, is honing its models to be more inclusive, for instance by taking into account rent payment data and bank account data. 

Alternative data verifications used in non-qualified mortgage underwriting have increasingly been used by government-sponsored enterprises in response to expansive Biden-era housing goals, volatile rates and evolving technology.

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