Mortgage lenders seek new strategies and technologies to deal with changing borrower demographics and streamline the homebuying
People with pristine finances rarely need credit. Growth-hungry banks must look to those lower on the credit score chain to book loans.
A modern AI-supported loan platform can help community banks be competitive and grow, but requires care in deciding which features to
Digital allies can spread a traditional financial institution's lending net wider and deeper, but controls are
Two out of five turndowns could become viable loans if traditional institutions augment credit scores with alternative data from
Banks, credit unions and digital newcomers step up lending to lower credit tiers to build balances & revenues. The great unknown:
Just as more Millennials are finally looking to become homeowners they find starter homes have been grabbed by retirees or
Omicron and persistent inflation cloud an otherwise upbeat view of growth in most categories. Home equity credit may be in for a
Mortgage-as-a-service gets a big boost, giving community financial institutions new options, and confirming the value of a human
Novel plan provides anonymous help for people in a bind (including financial institution staff), generates new business and is
Bank and credit union marketers can put surplus deposits to work (and increase budgets) by effectively mixing four marketing
A rebound in secured consumer credit is coming but financial institutions unable to offer mobile and online applications will lose.
Not only revenue is at risk, but your reputation (because of redlining). The right tech and methods can aid financial marketers with
Banks and credit unions must adapt to technology and demographic changes as the frenetic home-buying boom
Cash-rich consumer lenders looking for additional borrowers may not have to look as far afield as they
With inflation surging for foreseeable futures, the banking industry faces potential shocks to loan demand and increased rate risk.
Financial institutions can't approach the generation that's growing up with BNPL and likes debit cards the same way as
Auto finance is dramatically changing. Here's what banks and credit unions need to know to stay competitive in this vital
The trick will be expanding the universe of people who can qualify for loans. Doing so demands rethinking what makes someone
Digital loan application completion speed on both web and mobile apps see big strides among incumbents, but key elements still lag
With the mortgage market expected to contract, it's vital that financial institutions employ best practices supported by efficient
New data confirms many of this group seek larger living space, yet Covid has added extra hurdles that mortgage lenders must understand.