The Upstart Macro Index (UMI)

In 2021, loan repayments were at a historic high, but by mid-2022 the tables had turned. What happened?To get to the bottom of this alarming shift, Upstart created the Upstart Macro Index (UMI), a precise, quantitative method for separating the micro and macro effects that should be influencing underwriting decisions today.In this episode, we speak with Paul Gu, Co-Founder and Head of Product at Upstart, about the index and the insights it can offer lenders.Join us as Jeff and Paul discuss:The concept of the Upstart Macro Index (UMI)Micro versus macro prediction levelsHow to leverage UMI in the context of lending partnershipsWant to learn more about the Upstart Macro Index (UMI)? Check out the UMI site mentioned in this episode.