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Home > American Banker Podcast > When 'soft' data improves loan decisions, and when it doesn't
Podcast: American Banker Podcast
Episode:

When 'soft' data improves loan decisions, and when it doesn't
Category: Business
Duration: 00:22:32
Publish Date: 2017-05-08 23:01:00
Description:

MIT professor Maria Loumioti has studied loans made strictly using hard data and loans where a loan officer clearly was influenced by personal connections or feelings about a borrower. The results, which she shared with American Banker editors Bonnie McGeer and Penny Crosman, shed light on the value and limitations of "soft" information.
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