According to a new survey by LightStream 75 percent of respondents plan to pursue a home improvement project in 2020 with the average cost of $12,000; “Self-isolation has forced Americans to take a much closer look at their homes,” said Todd Nelson, LightStream’s SVP of Strategic Partnerships, to American Banker. “Many have clearly decided that renovation remains the right move, and they’re acting on it.”; Ally struck a partnership with Authority Brands, the parent of seven home improvement franchises, to build out their new unit in point of sale lending; “As we get clipping along here we’ll be adding hundreds of new providers a month,” Hans Zandhuis, Ally Lending’s President said to American Banker. “We’re going all-in hard.” American banker.
