Post Tagged with: "underwriting"

Why Lenders Should Take Advantage of Alternative Data

Why Lenders Should Take Advantage of Alternative Data

Operations, Risk July 11, 2017 at 12:30 pm

There was some variation in what data was considered alternative, according to FactorTrust’s Alternative Data Survey Results. Overall, the definition of alternative data was quite unanimous as “credit related data not found on the traditional three credit reports,” according to the June survey. For example, FactorTrust, LexisNexis, Clarity, TransUnion L2C, TransUnion TLO,Read More

The Warning Against ‘Aggressive’ Underwriting Goes Alternative

The Warning Against ‘Aggressive’ Underwriting Goes Alternative

Compliance, Management, Operations, Risk April 17, 2015 at 12:51 pm

Times are good for lenders, but will an interest rate hike, expected later this year, or an economic downturn, end the party? Not if lenders stick to a solid foundation of smart underwriting. That was the message at the LendItUSA conference, a gathering of the alternative lending community that drewRead More