#cash-flow-underwriting

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#mortgage-underwriting #income-behavior #financial-risk #lending-practices #worker-owned-cooperatives
Real estate
fromwww.housingwire.com
1 month ago

Verification first: Why mortgage lending must rethink income and how it actually works

Mortgage underwriting needs to evolve from document-driven methods to assessing income behavior for better risk evaluation.
Brooklyn
fromBrooklyn Eagle
3 months ago

New loan product expands credit access for Brooklyn worker co-ops

A Brooklyn credit union launched loans up to $100,000 without personal guarantees for worker-owned co-ops, using cash-flow underwriting and a $1M loan-loss reserve.
Business
fromwww.housingwire.com
7 months ago

Plaid launches LendScore for better credit risk insights

Plaid's LendScore uses real-time cash-flow and digital financial data to improve credit-risk prediction and reduce losses for lenders while lowering borrowers' interest costs.
fromTearsheet
10 months ago

How Petal founder Andrew Endicott proved alternative credit works, and what he's betting on next - Tearsheet

The credit industry is shifting how it evaluates borrowers. Traditional credit scoring has left over a billion people without access to financial services, but lenders are increasingly turning to alternative data-bank transactions, spending patterns, real-time financial behavior-to make more informed decisions about creditworthiness.
Venture
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