Latest risk to online lenders: ‘stacking’ of multiple loans

Latest risk to online lenders: ‘stacking’ of multiple loans SAN FRANCISCO/NEW YORK (Reuters/IFR) – numerous online loan providers have actually did not detect the “stacking” of numerous loans by borrowers who slip through their automatic underwriting systems, mortgage lender professionals and investors told Reuters. The training is proliferating when you look at the sector – […]