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...
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 levels
- How to leverage UMI in the context of lending partnerships