FinTech Fast Tracks Mortgages

FinTech Fast Tracks Mortgages

According to a report by Sarah Strochak of the Urban Institute , the outpouring of financial technology (fintech) in the mortgage space has brought with it all sorts of innovation, including new ways to capture data, reaching more people and expanding access to credit. The Urban institute also states that in having the ability to reach more people, fintech firms also have the potential to disrupt the inequality status quo in the economy. The Urban Institute report states while homeownership can help address wealth inequality, only 45 percent of families are able to claim financial security. Additionally, one out […]

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