As banks continue to pare back financing activities, consumer lending is taking up more space in investors’ private credit allocations. With interest rates set to stay higher for longer, is now the ...

Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. The Loan Store — a wholesale lender based in Arizona — will now use the Gateless Smart ...

Better connects its Tinman AI underwriting engine to ChatGPT, promising 47-second mortgage and HELOC credit decisions for ...

Better.com has unveiled what it calls the first conversational credit decision engine for mortgage and home equity loans integrated directly into ChatGPT through a partnership with OpenAI. The ...

Mortgage underwriters are the fact-checkers of the home loan approval process, ensuring that the financial picture you portrayed in your application and the documentation you provided are accurate.

Household debt growth is slowing and net worth is increasing, while unemployment remains low by historical standards. We’ve seen varied performance across consumer asset classes this year (and even ...

Will your mortgage application be approved? That depends on the outcome of mortgage underwriting. Mortgage underwriting is a crucial step of the homebuying process in which mortgage lenders decide ...

While the strong labor market remains the key pillar supporting the finances of resilient US consumers, major nonmortgage consumer loans have seen delinquencies increase as inflation has taken a toll ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Lenders are broadening their target audiences, often considering borrowers that don't have a long track record with credit bureaus. Experian is trying to address this challenge by considering ...