It's Time to Go Back to the Future

Coop, Kevin
November 2007
Mortgage Banking;Nov2007, Vol. 68 Issue 2, p117
An essay is presented on strategies from the past for the future of mortgage industry in the U.S. The author asserted that they must go back to basics in terms of lending decisions based on actual borrower income and assets, and taking into account myriad new fraud schemes. He added that new technology and analytics are designed to help prevent a repeat of the current crisis.


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