GoEasy: Loan Underwriting Quality
Former Manager of Secured Underwriting at GoEasy
inpractise.com/articles/goeasy-loan-underwriting
Former Manager of Secured Underwriting at GoEasy
The expert is a former secured underwriting manager at GoEasy, where he spent 9 years. He saw the successful launch of secured underwriting in 2021, after primarily focusing on unsecured subprime lending from 2014 to 2018. He reported to the VP of Underwriting and worked closely with internal marketing.
Interview Transcript
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I still don't understand why the potential borrower's income needs to be manually entered into Salesforce when it's already on the bank statements.
If you're asking about AI screening of documents, our platform isn't there yet. For the system in the back to generate a response, all the information needs to be manually input. The system is driven with very little AI.
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