Vice President of Consumer Lending
New York, USA
+19 year(s) experience
Rutger recently joined Informa from Nomis Solutions, where he was Vice President of Lending, helping lenders globally implement lending price optimization solutions that generated proven benefits.
Prior to joining Nomis in 2008, Rutger worked at ABN AMRO Mortgage Group. During his ten years at ABN AMRO, Rutger was also responsible for setting up mortgage businesses in different global markets.
LendersBenchmark™ - Financial Lending Analytics
By Rutger van Faassen 28 May 2019
The aftermath of the 2008-2009 financial crisis led to a dramatic reduction in consumer loans. Defaults and deleveraging by consumers, coupled with stricter underwriting criteria from banks, resulted in a dramatically different post-crisis lending landscape. In the decade since, consumers have regained their confidence, unemployment has decreased, and the economy has continued to grow. Total outstanding household debt has risen back to the pre-crisis levels. Balance sheets, of course, aren’t the only thing that has changed in the consumer-lending landscape since the crisis.
Topic Industry News