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#2199379 - 11/29/18 04:12 PM GMI Trends: Not Providing GMI
Norman Paperman Offline
Diamond Poster
Norman Paperman
Joined: Aug 2012
Posts: 1,700
48.934476, -114.343735
I'm curious if other bankers are seeing trends whereby borrowers are opting to not provide GMI data. Probably 90% of our applications come in online and over the years I've seen more and more borrowers opt to not provide the info. 2018 has been a huge increase.

What about your FI?
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#2199396 - 11/29/18 05:34 PM Re: GMI Trends: Not Providing GMI Norman Paperman
TMatt87 Offline
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TMatt87
Joined: May 2011
Posts: 1,987
Idaho
We have seen an increase as well. I think with the political climate is the primary driver.
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#2199475 - 11/30/18 02:23 PM Re: GMI Trends: Not Providing GMI Norman Paperman
Norman Paperman Offline
Diamond Poster
Norman Paperman
Joined: Aug 2012
Posts: 1,700
48.934476, -114.343735
Good observation.
_________________________
Maybe you just wanna fly the plane yourself. Well good luck pressing take off, then auto pilot, then land.


CRCM

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#2200699 - 12/13/18 10:18 PM Re: GMI Trends: Not Providing GMI Norman Paperman
DunningKroger Offline
New Poster
Joined: Jul 2014
Posts: 14
I would say it has been average for our volume. But it's very rare to see new fields used.

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