Andy Sheehan of Finicity explains how Freddie Mac’s Loan Product Advisor acceptance of direct deposit data to assess income, payroll, and account transactions data for verification of employment can enable digitization through open banking.
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Open Banking Data Pushes Mortgage Underwriting Into Digital Age
Examining the evolution of mortgage underwriting and how Freddie Mac Loan Product Advisor acceptance of direct deposit data can enable digitization through open banking.
Read More »Buyers Report Continued Difficulty Throughout the Loan Process
Despite tech progress, nine out of 10 consumers feel the loan application process is more or equally as stressful as finding the right home.
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