Vinay Bhaskar

Every loan officer knows the grind, but the numbers still sting. Studies show that underwriters spend 40% of their time on work that has...

In its most recent advisory, the CFPB addressed a critical question – “When creditors make credit decisions based on complex algorithms...

Traditionally risk managers have responded to recession predictions by simply reducing risk appetite. This is roughly how that works - once there is enough buy in to the recessionary scenarios internally, risk score cut-offs are increased, and underwriting strategies are tightened. This results in an immediate drop in approval rates in the hope that when the real slow down hits, the losses will not be too bad. We believe a better framework to make lending businesses recession resistant and...