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 April 2021Mortgage, home equity, and auto lenders utilize many core and ancillary technologies from the point of sale through loan onboarding to the servi…
24 March 2021Celent held its digital 2021 Innovation and Insight Week from March 9 – 11, 2021. The theme we explored this year was "Accelerate!” Many of our…
10 March 2021With its HolaBank program, CaixaBank has become the first bank in Spain to allow nonresidents in Spain to open a bank account and apply for and…
10 March 2021This Model Bank report uncovers how Discover Financial Services quickly adjusted to the challenges the pandemic created by enabling its agents t…
29 September 2020 10:00 - 11:00 EDT (15:00 BST, 16:00 CEST)
United StatesCloud in 2020 continues to evolve at breakneck speed while making a steady and significant impact on financial services. Institutions are increa…
30 June 2020 14:00 - 15:00 EDT (19:00 BST, 20:00 CEST)
United StatesWeb SeminarAccelerate the mortgage process end to end Jun. 30, 2020 | 2 PM ET/11 AM PTHosted by National Mortgage News The onset of the coronavi…
10 June 2020 04:00 - 04:40 EDT (09:00 BST, 10:00 CEST)
United StatesThe pandemic has created huge challenges for banks all over the world. In terms of debt collections, a shift from outbound calling to responding…
27 - 30 October 2019
Austin, TX, United StatesCraig Focardi will be attending this year's MBA Convention & Expo.
8 February 2021
“Standing up a second core system on a developmental, pilot and partial basis is more common,” said Craig Focardi, senior analyst at Celent. “It…
30 May 2018Quicken Loans' Rocket Mortgage has made waves because it promises to process a mortgage application in minutes and close the loan in under a mon…