Mortgage lenders weigh AI, alternative data and credit models
MISMO panelists cited rental and cash flow data, plus AI rules that may affect licensing and compliance
MISMO panelists cited rental and cash flow data, plus AI rules that may affect licensing and compliance
BELLINGS Intelligence Score: 35
Why it matters
Mortgage lenders considering AI and alternative data for credit models signals notable potential shifts in underwriting practices and compliance, with implications for credit availability and risk assessment across the mortgage market.
Sources
HousingWire
Mortgage lenders weigh AI, alternative data and credit models
MISMO panelists cited rental and cash flow data, plus AI rules that may affect licensing and compliance