Craig Focardi, CMB
With a multi-disciplinary background in economics, finance, technology and marketing, Craig leverages his retail lending and banking industry experience to advise and consult on business-led technology strategy and investment for financial institutions, technology providers, and technology investment firms.
Craig's coverage areas include digital lending strategy, market sizing and technology selection across the credit lifecycle for all consumer credit products. Complementary coverage areas include analytics, digital content management and core system transformation. His advisory engagements have included core lending and banking system vendor selection for financial institutions, market feasibility and go-to market assessments for technology vendors, and technology provider acquisition due diligence for FinTech investors.
Craig is a frequent speaker and moderator at industry conferences, including BAI, Mortgage Bankers Association annual and technology conferences, and AFSA. He has also written dozens of bylined articles for Mortgage Banking Magazine, Lending Strategy (UK) and American Banker.
Craig began his career in economics and finance and marketing in the mortgage industry for lenders and IT vendors, including The Federal Home Loan Bank, The PMI Group, Wells Fargo, and CoreLogic. Craig then spent 16 years as a banking industry analyst at TowerGroup and CEB prior to joining Celent.
Craig received an M.A. in applied economics from the University of San Francisco and graduated with high honors from the State University of New York at Oneonta with a B.S. in business economics. Craig also attended Schiller University in Heidelberg, where he studied international trade. Craig holds the Certified Mortgage Banker (CMB) designation from the Mortgage Bankers Association.
15 December 2022A traditionally slow moving and staid market, core banking platforms in the last 5-10 years are emerging as one of the key pieces to long-term t…
The US Mortgage Bankers Convention: A Time of Transition Requires Staying Positive While Managing Through the Downturn8 November 2022I expected that the US Mortgage Bankers Association (MBA) Annual Convention (https://www.mba.org/conferences-and-education/annual-convention-exp…
31 October 2022Faced with historically high inflation and energy bills, increasing interest rates, and continued geopolitical and economic uncertainty, consume…
31 October 2022Recorded on October 27th, 2022 Geopolitical and economic headwinds, following straight on the heels of the pandemic, highlight the need for resi…
31 January 2023 14:00 - 15:00 EST (19:00 GMT, 20:00 CET)
United StatesFor years financial institutions have talked about omnichannel engagement and removing friction as key to growing their wallet share and loyalty…
29 March 2023
United StatesBuilding the Emergent Enterprise: Making the Whole More than the Sum of its Parts. Virtual, March 29th 2023 Financial Institutions face a host o…
4 May 2023
237 Park Avenue, United StatesNavigating Turbulence Technologies to Weather the Storm It's easy to succeed when times are good; in 2023, though, we face some ongoing challeng…
27 October - 10 November 2022
Industry-Specific Webinars on Upcoming Technology Trends What's a previsory? The word is a combination of pre-view and ad-visory, a view of fina…
4 October 2022
Once a cloud-native platform is operational, the Celent analysis shows that recurring costs to maintain it can drop by more than 80%. This means…
26 September 2022
By Craig Focardi, Principal Analyst, Celent. Banking and financial markets are beginning to feel the effects of inflation and rising interest ra…
16 November 2021
Today’s HousingWire Daily features a roundtable discussion on how the eClose explosion is reshaping the mortgage experience for lenders, hosted…
8 November 2021
AI can improve customer engagement, provide analytics and handle back-office tasks, but the technology has its own drawbacks that financial inst…