News & Analysis as of

Underwriting FinTech Fair Lending

Hudson Cook, LLP

No AI Law? No Problem. How Massachusetts Attacked AI Underwriting Under Existing State Statutes

Hudson Cook, LLP on

On July 10, 2025, the Massachusetts Attorney General (AGO) entered into an Assurance of Discontinuance (AOD) with a private student loan lender (the Company), resolving allegations that the Company's underwriting practices...more

Alston & Bird

Financial Services & Products Advisory: FinTech Lending Update: Credit Score Alternatives Are the Future?

Alston & Bird on

Throughout the history of consumer lending of all types, a major component of credit underwriting has been credit history. National credit bureaus use a person’s financial history, such as on-time payments, capacity of credit...more

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