Verifications Focus

Protecting Employee Data During “Verification Season”

Employment Verification Seasons

A current TV ad for home security systems uses the phrase “vacation season is break-in season,” reminding homeowners of the increase in burglaries that occur when families embark on summer vacations.  In the world of information security, data thieves don’t necessarily have a season, but they can capitalize on lax process security during peak points [Read More...]

Customer Data Integration: Accuracy vs. Privacy

Customer Data Integration image

They say that love makes the world go ’round, but in business, it’s data that often fuels the fire. Whether it’s confirming a customer’s address or looking up past account information, having accessible data at hand streamlines the process and can help in cross-selling and marketing efforts. Of course, while accurate and timely data are [Read More...]

Compliance is Not the Issue

eSignature

The adoption of technology can counter some of the unintended consequences of today’s complex mortgage environment.  Keeping up with consumer demand for an electronic mortgage process not only provides a significantly better experience for the prospective borrower but also incorporates cost saving processes for a lender. In this article, Equifax’s Jeff Knott discusses how electronic [Read More...]

5 Current Telecom Industry Trends

5 Current Telco image

Recently, innovation has been the name of the game in telecom industry trends. New products have emerged across the board that offer customers access to customized service options that best fit their needs. Companies should get a jump on what’s coming so they can maintain a market advantage, retain more accounts and engender loyalty going [Read More...]

Use a Tenant Screening Service That Pays Off

Don't risk your rental income by skipping a complete background check.

If you manage properties, then you are accustomed to performing a background check before renting to new residents. What you may not realize is that the type of tenant screening service you use makes a big difference. There are many background services out there; however, some of these services may not provide all the detailed background [Read More...]

Obama Moves to Expand Student Loan Payment Relief

college

According to an article, “Obama moves to expand student loan payment relief” on FoxNews.com, President Obama has signed an executive order that will expand a program that lets borrowers pay no more than 10 percent of their income towards student loans. Obama says the program expansion could help an additional five million borrowers lower their [Read More...]

5 Current Telecom Industry Trends

5 Current Telco image

<p>Recently, innovation has been the name of the game in telecom industry trends. New products have emerged across the board that offer customers access to customized service options that best fit their needs. Companies should get a jump on what’s coming so they can maintain a market advantage, retain more accounts and engender loyalty going [Read More...]

Employment Verification Services Can Save Time and Reduce Risk

Employment Verification Services Can Save Time and Reduce Risk

As the housing and lending markets struggle to rebound from financial crisis, lending criteria is becoming more stringent in an effort to minimize risk. Regulations issued by the Consumer Financial Protection Bureau require that lenders and mortgage originators verify the income and employment of applicants using documented records. On the surface, that means more work [Read More...]

Clearing the Way for Electronic Signatures

Electronic Signature Security

Scotsman Guide recently published an article online, “Clearing the Way for Electronic Signatures” by Jeff Knott, assistant vice president, Equifax Verification Services, giving an overview of the FHA’s announcement about its expanded acceptance of electronic signatures and what it means for the mortgage industry. As those in the mortgage industry know, before the Department of Housing [Read More...]

Equifax Named a 2014 “Top 50 Service Provider” by Mortgage Technology Magazine

mt_top50_2014

Equifax is proud to announce its inclusion as a 2014 “Top 50 Service Provider” by Mortgage Technology magazine. The listing cited the company’s Spectrum Verification Services Platform, which provides a central hub for lenders to access the full suite of verification reports through a single Web interface or system integration. In addition to Spectrum, Equifax [Read More...]