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…]

Mass Inheritance: Here’s What The Next Generation Of Wealth Wants From Their Bank

Financial gurus are calling it “the greatest transfer of wealth in U.S. history.” “It” is the estimated $59 billion will be transferred from older generations to younger ones all the way out to 2061, according to recent data from Boston College’s Center of Wealth and Philanthropy1. In the short-term, economists expect about $30 million of [Read More…]

4 Ways Credit Unions Can Help Reduce Fraud without Losing Customers

As credit unions seek to provide greater convenience and fewer barriers for new customers, fraud is on the rise. But there are strategies to help head it off. Today, customers prioritize convenience. They want fewer barriers to accessing the products and services they want. Credit union members are no different. To serve that demand for [Read More…]

Debt-to Earning Measures Becoming More Vital to Institution Programs

Institutions should take into account how the Department of Education calculates the Debt-to Earnings ratio and should take the necessary steps to make sure their calculations are accurate. The Department of Education will be providing institutions with lists of students that will be included in the Gainful Employment program later in 2015. Institutions will then [Read More…]

We hope to see you at the Auto Finance Summit!

Planning on attending the Auto Finance Summit in October? Stop by and see us! Equifax will be exhibiting at booth #170 and we’d love to chat with you! We’ll be talking about what’s going on in the auto lending space and how our solutions can help you: Attract and capture the right customers with preferred [Read More…]