One Last Hurdle: Monitoring Undisclosed Debt Post-TRID

Equifax mortgage expert Rosie Biundo discusses the importance of monitoring undisclosed debt after the TRID three-day window in Mortgage Compliance Magazine As an industry, it’s vital to leverage innovation and technology to request data directly from the source (rather than from the consumer) and allow access to verified and authentic data to all stakeholders in [Read More…]

Breaking Up is Hard to Do: The Impact of Layoffs on Employer Branding

Layoffs, like break-ups, are hard to do. No one likes to break the news, someone’s usually hurt ad how it’s handled often affects many other relationships including, for employers, their brand. Today, the impact of layoffs is magnified by a workforce growing more sensitive to their employer relationship. At 75 million workers, Millennials are now [Read More…]

Equifax Welcomes 5,000th Member of The Work Number

The University of Maine System has joined The Work Number, the largest database of employer-direct income and employment information, as the 5,000th client. The Work Number provides automated income and employment information to banks, mortgage companies, auto dealerships, and other entities when authorized by the consumer, and utilized in compliance with Fair Credit Reporting Act regulations. [Read More…]

What Credit Risk Levels Show About Americans’ Savings and Investment Habits

There’s not only a disparity in assets under management between affluent Americans and middle-class Americans – there’s a disparity in investment allocations of various risk profiles between and among financial asset tiers, too. That’s the takeaway from the recently released Equifax Observations and Impacts of U.S. Consumer Wealth Trends report from the IXI Services division [Read More…]

Disparity in Portfolio Allocation Between Affluent, Mass Affluent Americans Points to Opportunity for Financial Services Firms

Data from the Equifax Observations and Impacts of U.S. Consumer Wealth Trends report paints a compelling and clarifying picture for financial advisors. Despite the draining experience from the Great Recession, Mass Affluent consumers (as the report refers to households with investable assets between $100,000 and $1 million) have slowly been shifting their portfolio allocation from [Read More…]

Gainful Employment – The new rules and requirements: Are your programs at risk?

Is your university ready for the Department of Education’s new “Gainful Employment” rules? Join us at this webinar to learn more about the nature of the reporting requirements you’ll face. You’ll also be introduced to new tools and analytical platforms that can provide insights into graduate employment and earnings outcomes, allowing for early assessment of [Read More…]

Bouncing Back from the Great Recession

After a long, hard slog, the U.S. economy is beginning to finally emerge from its economic slumber, and that’s good news for banks looking to sustain current clients and add new ones to the mix as the nationwide financial landscape brightens.  “The Great Recession, which started in December 2007 and officially ended in June 2009, [Read More…]

Fannie Mae to Introduce Equifax Trended Credit Data and Verification Services Into Underwriting Platform

During MBA’s Annual Convention & Expo in San Diego last month, Fannie Mae announced that in mid-2016 it will begin incorporating Equifax trended credit data, as well as the company’s verified employment and income data, into its automated underwriting platform — introducing important changes to help strengthen the home mortgage market for both consumers and lenders. Fannie Mae [Read More…]

Webinar: Better Preparedness for Unemployment Hearings

Our upcoming free webinar, “Unemployment hearings: better preparedness, better leadership – learn by watching a live hearing“, will provide your HR staff with helpful information to better manage your organization’s unemployment program. Date:  Tuesday, November 3, 2015 Time:  1:00 PM EST Duration:  1 hour Register now We will stage a live unemployment hearing to both [Read More…]

Visit Equifax at MBA’s Annual Convention & Expo 2015

MBA’s Annual Convention & Expo 2015 Oct. 19 – 21, 2015 | San Diego | Las Vegas, NV | San Diego Convention Center With higher customer expectations and increased regulations and costs for loan origination, mortgage lenders need access to data and technology solutions to help manage an origination process that facilitates regulatory requirements and [Read More…]