GOP Rewrite of Dodd-Frank Act: How Could It Impact Lending Practices?

May 22, 2017 Walt Wojciechowski

GOP Rewrite of Dodd-Frank Act: How Could It Impact Lending Practices?

The CHOICE Act proposes a restructure of the Consumer Financial Protection Act and regulatory reforms applicable to community banks. 


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How Could Trump's Regulatory Reform Impact Consumer Lending? Part One

Apr 11, 2017 Walt Wojciechowski

How Could Trump's Regulatory Reform Impact Consumer Lending? Part One

The Trump administration's Regulatory Reform Agenda doesn't mention any particular laws it wants to eliminate, but does set the groundwork for future repeals. 


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3 ways artificial intelligence will impact consumer lending

Mar 27, 2017 Walt Wojciechowski

3 ways artificial intelligence will impact consumer lending

Artificial intelligence will enhance lenders' predictive capabilities and encourage them to collect information from alternative credit reports. 


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The value of delivering education through consumer lending services

Mar 13, 2017 Walt Wojciechowski

The value of delivering education through consumer lending services

Complicated lending processes can deter consumers from engaging you further. How can you tactfully educate them of the loan approval process? 


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Do you have the right consumer reports to score credit invisibles?

Feb 09, 2017 Walt Wojciechowski

Do you have the right consumer reports to score credit invisibles?

There are about 26 million credit invisible consumers throughout the U.S., according to a report from the Consumer Financial Protection Bureau. While these individuals represent an untapped market, engaging them in the lending process is difficult because loan officers, underwriters and others have no traditional credit data to reference in the approval process.


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