According to the Huffington Post
, the study's results, which were released Monday, may leave some banks feeling unsettled because Walmart does not even offer mortgages.
According to BizJournals
, the study also revealed that half would also consider a mortgage from online payment provider PayPal.
According to US Banker
, even though 81% of consumers did express that they were satisfied with banks, 56% of consumers did blame slow execution as one of the most irksome aspects of applying for a mortgage. 32% said that lenders were difficult to communicate with, and 31% said that they were not able to track the status of their mortgage application.
As of now, neither PayPal or Walmart has issued a comment about the study.