Credit modeling & the need for speed
The consumer credit market is changing too fast to get stuck with a slow, manual underwriting operation. Are your automation levels where you want them to be? Are your models built to capitalize on the return from the pandemic?
Cornerstone Advisors’ latest research report, “Credit Modeling And The Need For Speed” — based on feedback from dozens of large and mid-market lenders — provides first-ever industry benchmarks and real, actionable guidance for using advanced technologies and data to bring agility and accuracy to your lending.
In the report, you’ll find out where you stack up on:
· Approaches to credit modeling and automation
· Model build and deploy cycle times
· Attitudes on model performance and the use of alternative data
· The impact of COVID-19 on models
· Use of AI and machine learning in underwriting