Research Finds Majority of Lenders Now Use Alternative Data in their Underwriting Process

Research Finds Majority of Lenders Now Use Alternative Data in their Underwriting Process

by | Oct 24, 2022 | B2B Surveys, Business Intelligence and Data Analytics Surveys, Finance Surveys, In the News, Real Estate Surveys

For Nova Credit, we conducted a survey of 185 decision makers in the lending industry in October 2022. The study found that underwriting could be better implemented, with three-quarters (74%) of lenders responding that they believe traditional credit report data does...