Lenders must gather holistic pictures of their applicants, but the process of collecting information creates considerable work for both the borrower and lender. Industry expert Lowell Putnam, discusses digitizing the mortgage process and the advantages of using alternative data to make the process more accurate, streamlined, and cost effective to both borrowers and lenders.
Discover how you can:
- Build alternative data into your funnel
- Use this data to extend credit to more people
- Streamline the servicing and verification process