PERSON OF THE WEEK: Technology continues to transform the mortgage market, reducing operating costs, creating more efficient processes and improving the borrower experience. The next step in AI-driven underwriting is the use of alternative sources of credit data, which could potentially enable lenders to serve millions of creditworthy yet “underserved” borrowers.
In a recent interview with MortgageOrb, Wendy Hannah-Olson, vice president, strategy execution leader, mortgage and housing for Equifax, discusses how the use alternative
