How Consumer Reluctance In Embracing AI Is Creating Pain Points For Lenders
Reluctance from consumers to trust AI tools is complicating loan closures and introducing stress points for lenders and borrowers alike
Reluctance from consumers to trust AI tools is complicating loan closures and introducing stress points for lenders and borrowers alike
TransUnion says lenders should monitor for this trend, work proactively with consumers who show it to help prevent them from falling behind
FICO claims its latest credit score identifies more risky borrowers, better serves lenders
New First Street Foundation analysis finds 57 banks with a total of $627 billion in real estate loans exposed to “material financial risk” from climate impacts.
Chetlur S. Ragavan is founder, principal of Risk Response LLC