For loan underwriting, several metrics are used to determine the likelihood of a borrower repaying a loan. A change in employment status can significantly impact the outcome of an application.

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions ...

These aren’t new challenges, however—they’re the same challenges banks face today with manual (i.e., human) loan underwriting. Leveraging machine learning models will help banks: ...

Using original data from Uplinq and Visa, the case study, "Transforming global small business underwriting with augmented data" details the challenges small businesses face in securing affordable ...