Digital mortgages

The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help. 

Also: Polly integrates with six mortgage providers; Roostify teams up with Covered.

The partnership allows for the new integration of a more efficient digital mortgage process.

So-called 'black box' pricing makes insurance products more competitive and efficient for lenders, practitioners say.