DISQUS

jbflory · 1 year ago

It sucks, and it's going to get worse, and we're sorry.

What surprising (and refreshing) candor from a CEO!
morganb · 1 year ago

I agree! Finally some honesty out of someone.
Kori Lambert · 1 year ago

That graph is certainly telling. It seems that the credit crisis may be a long way from the finish line. It is time to move away from formulas and automation and make a return to common sense underwriting.
morganb · 1 year ago

great point - the automated underwriting systems certainly played an
important role in putting folks in loans that they probably wouldn't
have qualified for with a manual underwrite.