Cook County Record

Friday, February 21, 2020

CLARK HILL PLC: Clark Hill Member Joann Needleman quoted in Inside Mortgage Finance article

By Press release submission | Jan 7, 2020

Courtscales088

Clark Hill PLC issued the following announcement on Jan. 3.

Clark Hill Member Joann Needleman was quote in a December 2019 article from Inside Mortgage Finance while discussing the benefits and risks of using alternative data in mortgage lending.

“Regulators will need to provide a bit more guidance than simply stating it’s okay to use alternative data,” Needleman said in the article.

“With the use of alternative data, will a lender have to now turn over their analysis of the alternative data they used to the consumer? I see a great deal of risk exposure here.”

Original source can be found here.

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Clark Hill PLC