Examining the rise of digital-only banks and their impact on traditional banking models, looking at growth trajectory, loan product diversification, and advancements in tech-driven underwriting. Cause and effect of changes to the regulatory landscape. Developments from the CFPB and consumer protection laws, banking regulation and BASEL, and other key challenges for lenders. Assessing loan portfolio performance and methodologies for credit risk assessment and how this, along with rating agency evaluations, impact investor demand and confidence.