Jeff Knott, AVP, Product Management – Equifax Verification Services

About Jeff Knott

Jeff Knott, winner of the 2014 Steve Fraser Visionary Award, is 2015 chairman for the Electronic Signature & Record Association (ESRA) and assistant vice president at Equifax. He is a recognized leader in driving business strategies, product innovation and industry adoption of e-signed records. Knott has vast experience guiding cross-functional teams and introducing creative business solutions as well as managing mergers and acquisition transitions. He is known throughout the industry for his contributions in reforming IRS policy to allow the acceptance of electronic signatures on Forms 4506-T. He is an “out-of-the-box” thinker who champions emerging technologies, promotes consumer engagement, advocates change and encourages the partnership between the private sector and government.

Online Lending – Best Practices Considering Millennials

Mass Affluent Millennials

The online lending marketplace is a rapidly evolving environment that will continue to grow and change.  Online marketplaces are transforming the way in which lending transactions take place, creating value for both lenders and borrowers alike.  But just like traditional lending practices, this new era of lending is accompanied by challenges that can’t be ignored. [Read More…]

Online Lending Best Practices

Progressive Authentication

The online lending marketplace is a rapidly evolving environment that will continue to grow and change.  Online marketplaces are transforming the way in which lending transactions take place, creating value for both lenders and borrowers alike.  But just like traditional lending practices, this new era of lending is accompanied by challenges that can’t be ignored. [Read More…]

2014 Farm Bill Requires New Report to Prove SNAP Benefits Not Paid to the Deceased

Agricultural Bill

A provision of the 2014 Farm Bill requires agencies to submit a report to the USDA to prove they haven’t issued benefits to the deceased. Section 4032 of the Agricultural Act of 2014, “Annual State report on verification of SNAP participation,” says that agencies must submit a report to the Secretary of Agriculture …containing sufficient [Read More…]

FHA Expands Acceptance of eSignatures

FHA eSignature

The Federal Housing Administration (FHA) recently expanded its acceptance of electronic signatures (eSignatures) on documents associated with mortgage loans.  The new policy allows for eSignatures on origination, servicing and loss mitigation documents, as well as FHA insurance claims, REO sales contracts and related addenda.  eSignatures are still not allowed on the mortgage note itself, but [Read More…]