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May 11, 2023 » Software Development Blog & IT Tech Insights | Django Stars » [Archived Version]
Competition for new fintech customers is fierce. Particularly for the 1.4 billion people globally, who comprise the unbanked population, as estimated by the World Bank. Enter alternative data scoring — validating borrower credibility using data sources other than credit scores or rental payment data. Alternative credit scoring allows lenders to validate the financial discipline of […] The post Introduction to Alternative Credit Scoring in Fintech appeared first on Software Development Bl…
Read MoreMarch 16, 2023 » Software Development Blog & IT Tech Insights | Django Stars » [Archived Version]
Today’s mortgage businesses should rely on technology heavily to do more with less. With the US Federal Reserve increasing interest rates and borrowing costs, banks stepping back from mortgage servicing, and 49% of homebuyers preferring self-service portals, according to ICE Mortgage Technology, mortgage market players must rapidly adopt technology to remain competitive. 90% of the […] The post 10 Latest Mortgage Technology Trends For 2023 appeared first on Software Development Blog &…
Read MoreFeb. 27, 2023 » Software Development Blog & IT Tech Insights | Django Stars » [Archived Version]
Buying a house is one of life’s most exciting projects. Yet taking out a mortgage is stressful, especially if a person turns to traditional mortgage companies. Comparing rates, filling out forms, organizing documents, and waiting weeks for a decision is exhausting. As a result, this decreases the conversion rate for closed deals. With the rise […] The post Full-Scale Digitalization for Mortgage Lenders: Why Bother? appeared first on Software Development Blog & IT Tech Insights |…
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