Lending

Ready, get set, nope: Student debt borrowers and servicers just aren’t ready for the end of forbearance

  • 46% of borrowers report they are not ready to resume student debt payments primarily because they are in more debt now than before the pandemic.
  • But borrowers aren't alone, student loan servicers are also not ready for the resumption after the lull in business during forbearance.
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Ready, get set, nope: Student debt borrowers and servicers just aren’t ready for the end of forbearance

 


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Lending

CUs want a share of Tesla’s pie: Tesla and Origence partner up to offer EV financing at POS

  • For years, credit unions have been competing to increase their market share in auto financing. But last year, their market share fell for three quarters. 
  • For credit unions, EVs may present a possible solution to their market share problem.
Rabab Ahsan | January 30, 2024
Lending

How to harness open banking to deliver more payment choice and exceptional experiences in lending with Mastercard’s Andy Sheehan

  • The intersection of credit, data, and lending is opening up entirely new opportunities for banks, payment networks, and fintechs.
  • Mastercard's evp of open banking, North America markets, Andy Sheehan shares his views on open banking -- where we are today and where we're headed.
Zachary Miller | November 15, 2023
Lending

The evolution of mortgage lending in communities of color from the perspective of a BIPOC female in the business: TD Bank’s Lena Vann

  • In exploring the evolution of mortgage lending to communities of color", TD Bank's Lena Vann delves into historical mortgage policies and ongoing homeownership challenges.
  • She also describes how financial services can help to clear misconceptions about financing a home to help more BIPOC folks into homes and building wealth.
Tearsheet Editors | November 06, 2023
Data, Lending

The Financial Data Evolution: Unraveling lending in open finance with Akoya’s Rishi Kapadia

  • As part of Tearsheet Talks: Lending x Credit, Data, Rishi Kapadia, product manager at Akoya, discussed "The Financial Data Evolution: Unraveling Lending in Open Finance."
  • Kapadia sees open finance facilitating an evolution in the whole user experience in the lending process.
Tearsheet Editors | October 31, 2023
Data, Lending

Best practices for fusing internal and external data to enhance credit decisioning for SMB lending with Stripe’s Yaakov Erlichman

  • Learn strategic and tactical best practices for maximizing the fusion of internal and external data to enhance credit decisioning and risk management for SMB lending.
  • Stripe's Yaakov Ehrlichman, head of capital and SMB risk, covers both conceptual and implementation considerations for reconciling data sources tailored to the unique needs of the SMB market.
Tearsheet Editors | October 26, 2023
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