Challenged with combating fake paystubs?

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The challenge of combatting fake paystubs has become an increasing reality for lenders – more so for some than others, depending on the type of lending. Recently, an investigative reporter, Aaron Diamant with WSB-TV Channel 2 Action News in Atlanta, went undercover to see just how easily he could get his hands on fake paystubs [Read More…]

Graduate Outcome Metrics at APSCU 2015

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Join Equifax Verification Services in Denver at APSCU 2015 where we will be highlighting our latest insights solutions that equip educational institutions with the data and analytics required to assess programmatic outcomes and inform key stakeholders on key performance metrics. Stop by Booth #337 to learn more and register to win an Apple Watch! Equifax [Read More…]

CFPB Proposes “Ability-to-Repay” Rules in Lending

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The Consumer Financial Protection Bureau (CFPB) announced on March 26th, 2015 it was considering rules that impact short-term and long-term financing by requiring lenders to take steps to make sure consumers can repay loans. The guidance notes the following: “The CFPB recognizes consumers’ need for affordable credit, but is concerned that the practices associated with [Read More…]

Webinar: Department of Education’s new “Gainful Employment” Rules

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A well-known attorney with an education-related practice will provide insights on the Department of Education’s new “Gainful Employment” rules at an upcoming webinar. Join us to better understand the new reporting requirements, and what they may mean to your institution. You’ll also learn about how to gain insight into key data and metrics on your [Read More…]

Visit Equifax at the AACC Annual Convention

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Join Equifax at the AACC 2015 Annual Convention – April 18-21 in San Antonio, TX and learn how we can help provide educational institutions with graduate outcome metrics based on objective and verified data that identifies graduate and program performance. The Gainful Employment regulation will go into effect July 1, 2015. Are your programs at [Read More…]

Compliance webinar – poll suggests more growth for auto loan securitization

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The automotive lending community seems to be leaning towards a bullish view on continued growth in securitization of auto loans. That was the indication we got from attendees at a recent webinar on the changing regulatory environment for lenders and dealerships. The audience of over 150 managers, underwriters, loan officers, compliance managers and others in the automotive [Read More…]

The Challenge of Distinguishing Owner-Occupied Mortgages From Investor Mortgages

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Understanding the borrower’s intention for a property is a key factor in a lender’s mortgage application decision. Because it’s often safer to approve clients buying a residence for themselves, lenders often provide better rates for owner-occupied mortgage loans. Unfortunately, some borrowers might misrepresent their application in order to receive this lower rate. Having a process [Read More…]