Know Your Lending Future by Learning from Subprime’s Recent Past
Today, things move much faster than they did in the past.
These days, the predictive nature of the best data available in approving loans can have an immediate impact on a lender’s business. The underwriting universe has changed quite a bit throughout the past decade. The better lenders understand why that is, the more you might grasp what moves to make today for a better tomorrow.
In our latest spotlight, we cover the rise and importance of alternative credit data:
- How did we get here?
- How much of our pre-Great Recession wealth have we recovered?
- To what extent is subprime lending the “New Normal”?