Verifications Focus

Webinar On Demand: Q4 U.S. Economic and Credit Trend Outlook

This quarterly webinar series is aimed at helping you make more informed decisions, with economic and consumer credit insights from across the U.S. Join Equifax as chief economist Amy Crews Cutts welcomes guest speaker Cristian deRitis, senior director at Moody’s Analytics. During this webinar, Amy and Cristian will present: • U.S. Macroeconomic Overview In this section, [Read More…]

It’s Almost Here… Register Now: Q4 U.S. Economic and Credit Trends Outlook Webinar

There is still time to register for the Q4 U.S. Economic and Credit Trends Outlook webinar from Equifax. This quarterly webinar series is aimed at helping you make more informed decisions, with economic and consumer credit insights from across the U.S. Join Equifax Thursday, November 16, 2017 at 3:00 pm ET as chief economist Amy Crews [Read More…]

Canadian Residential Mortgage Practices and Procedures and Impact on Income Verifications

Situation On October 17, 2017 the Office of the Superintendent of Financial Institutions Canada (OSFI) published the final version of OSFI Guideline B-20 – Residential Mortgage Underwriting Practices and Procedures. The Guideline which takes effect on January 1, 2018, applies to all federally regulated financial institutions (FRFIs). The Role of Income Verification Two key elements [Read More…]

Gauging U.S. Recession Risk: New White Paper Available from Equifax

A question frequently asked is when the U.S. might enter into a recession. To help separate fact from fiction, Amy Crews Cutts, senior vice president and chief economist at Equifax and Gunnar Blix, deputy chief economist, walk us through some of the concerns surrounding the timing of recessions in a new white paper. VIEW WHITE [Read More…]

Webinar On Demand: Q3 Economic and Credit Trends from Equifax

Make more informed decisions with economic and consumer credit insights from Equifax   Insights that Drive Strategic Growth Equifax has published the latest in our quarterly webinar series aimed at helping you make more informed decisions, with economic and consumer credit trends from across the U.S. Listen now as Chief Economist Amy Crews Cutts and [Read More…]

Auto Dealers: Verify Income & Employment to Help Sell More Cars

Today, the average car buyer spends nearly 70 percent of the total purchase process online, rapidly clicking their way to exactly what they want. Dealers need to be able to create a similarly seamless, transparent and fast-qualifying experience. There is nothing more frustrating to both customer and dealer than test driving a car, get handed [Read More…]

More Employers Finding Lies on Resumes

According to HR Dive, a “new survey by HireRight, found that 85% of employers uncovered lies on job applicants’ resumes. More employers are finding lies than they did five years ago, when the rate was 66%, according to HireRight’s 10th annual Employment Screening Benchmark Report.”  Fortune magazine reports that lies could be due to a [Read More…]

Day 1 Certainty Best Practices for Mortgage lenders

Best practices for benefitting from Day 1 Certainty through the Fannie Mae DU® validation service Process changes are challenging, but automated validation can save lenders time and money.  Fannie Mae’s new Day 1 Certainty™ program is designed to make the mortgage loan process faster.  But since it rolled out last October, some lenders have hit [Read More…]

Bulletin: Faster Employment Verifications Needed to Improve Hiring Process

Faster Employment Verifications Needed to Improve Hiring Process Employers today face a rise in fraudulent documents including, resumes and pay stubs provided during the application process. Technology is enabling ease of creation and access to these fraudulent documents through numerous online listings and blog posts. Research shows that 53% of resumes and job applications contain [Read More…]

Prepare for Notifications with our ACA Subsidy Toolkit for Employers

While many HR and benefits professionals have been heads down and busy working on getting important tax forms out the door, a record-breaking open enrollment season has just ended on the Affordable Care Act (ACA) Marketplaces. So, why is this important? Employers will need to be prepared to receive ACA subsidy notices, likely in larger volumes [Read More…]