You’ve built a lending process that works. Your team is efficient, your systems are dialed in and you’ve invested in technology to stay competitive. But if you still rely on credit reports, static databases or third-party records that borrowers didn’t explicitly authorize, you’re not as modern as you think.
Consumer expectations have shifted. In a world where privacy and transparency matter, outdated data practices are more than just annoying; they’re trust killers.
Relying on legacy methods to verify income, assets and employment slows you down. It frustrates borrowers. It leaves you vulnerable to errors, inefficiencies and missed opportunities. The future is consumer-permissioned, details ⇒
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