Technology-based (“FinTech”) lenders increased their market share of U.S. mortgage lending from 2 percent to 8 percent … from 2010 to 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech …, borrower, and geographic observables. Faster processing does not come at the cost of higher defaults. FinTech lenders adjust …

In this paper, we review the growing literature on FinTech lending – the provision of credit facilitated by technology … that improves the customer-lender interaction or lenders’ screening and monitoring of borrowers. FinTech lending has grown … convenience and speed appears to have been more central to FinTech lending’s growth than improved screening or monitoring, though …

Technology-based ("FinTech") lenders increased their market share of U.S. mortgage lending from 2% to 8% from 2010 to … 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech lenders … geographic observables. Faster processing does not come at the cost of higher defaults. FinTech lenders adjust supply more …