Multi-credit Scoring Models: What Lenders Should Ask Tech Partners
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Home builders grow slightly less pessimistic in August
U.S. home builder sentiment remained in deeply negative territory in August as the Iran war churned into its sixth month, maintaining pressure on the new-home sector. The National Association of Home Builders (NAHB) and Wells Fargo’s Housing Market Index (HMI) showed a score of 35 in August, just one point above July levels and its…
Who loses when Upstart becomes its own lender?
Key insight: Upstart expects to move most or all of its loan originations into the national bank it plans to open in early 2027, taking that work from the banks that serve as lender of record today. What’s at stake: Upstart paid its originating banks $11.2 million in premium and trailing fees in the first…
Eli Lilly and Novo Nordisk Can’t Treat This Form of Obesity. Billionaire Stanley Druckenmiller Is Betting Rhythm Pharmaceuticals Can
Eli Lilly (LLY +0.88%) and Novo Nordisk (NVO +1.30%) are currently the leaders in the weight loss market. Their medicines have proved highly effective and generate billions in annual sales. However, drugs such as Wegovy and Zepbound are intended to treat patients with common forms of obesity. A little-known biotech, Rhythm Pharmaceuticals (RYTM +0.99%), has…
As auctions grow, how can mortgage providers help accelerate growth? – Thompson and Moss
Across the mortgage market we are all seeing the affordability, security and speed of sale challenges faced by some clients. These three factors are seeing more clients consider the auctions market. Once seen as an avenue for quick disposal of properties, it is now a fruitful stomping ground for buyers and investors not only…
You can now Venmo your kid’s college tuition. But should you?
Some universities will begin accepting the nontraditional payment method as consumers seek flexible spending options.
