Resources

Resources tagged "Mortgage Lenders"

Make smart marketing spends as the housing market cools.

Targeted marketing always wins, especially in a slowing market As the summer winds down and we head into Q4, it’s not surprising to see decreased home-buying activity. But compared to the recent housing hot streak, this seasonal drop seems to hit harder. Now, more than ever, it’s important to make your marketing dollars count. Reaching the […]

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Are your employment reports FCRA-compliant?

You might be noncompliant without knowing it. Standard credit report vs. employment report The credit report you pull to make lending decisions is not the same as the report you run for employment purposes. If you’re using them interchangeably, then you are not adhering to FCRA requirements. When obtaining a consumer report for employment purposes, you must: […]

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Asset View by Equifax

As the lender, you request the VOA, supplying required borrower fields such as Permissible Purpose, verification time frame, and the borrower’s email address. Next, the applicant will enter an email flow, prompting them to create an account to share information with you. As the lender, you’ll be copied on all emails to the borrower except […]

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Ensure you’re maintaining the right supplier relationships.

How are you ensuring business continuity, reducing reputational harm, and avoiding potential supply chain disruptions? Prioritizing these goals is essential in today’s expanding global marketplace. Competition is too fierce to not have 24/7 insight into your supplier relationships. Equifax’s Supplier Risk Solution (SRS), powered by Interos, delivers a holistic view of supplier risk by delivering […]

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Leverage key economic insights to power your marketing.

Segment consumers and find hidden opportunity based on economic potential. A common scenario: You have two consumers of similar ages, life stages, and demographics, and both have interest in your products and services. How do you know which will drive greater profitability now and have a higher lifetime value? We can help! Equifax IXI™ Data […]

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Streamline your closings with these tips for borrowers.

Getting borrowers preapproved for a mortgage is no easy task, but helping them understand their finances in the “quiet period” will benefit both parties. As you know, every financial decision your borrowers make during this time period impacts the closing process, so help set them up for success and ensure a quicker time to revenue in […]

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Boomers to Gen Z: Get to know their financial styles

Do you still write checks? How about visiting ATMs? Do you rely on cashless technologies such as Apple Pay and Venmo? Your answers to these questions depend mostly on your age, and the same goes for your consumers. One size does not fit all when it comes to meeting consumers’ financial needs. As technology continues […]

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Are you monitoring for undisclosed debt throughout your loan closing process?

Source: Equifax Undisclosed debt is an industry issue that can disrupt mortgage closings, overload underwriting staff, and dampen the borrower’s experience. With Undisclosed Debt Monitoring (UDM) from Equifax, you can reduce mortgage fraud and risk while improving your lending process and consumer satisfaction. UDM continuously monitors the loan files in your mortgage pipeline for new tradelines and other changes […]

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The new year will be here before you know it!

As you strategically plan and budget for 2022, we’d like to remind you that Equifax provides a wide range of solutions and capabilities beyond our traditional credit reports. If your strategic plan for 2022 includes priorities in technology, fraud prevention, online banking, risk management, new account acquisition, and/or process automation, consider how Equifax’s robust suite […]

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CS Industry Insights for December

Compliance-friendly third party wealth solution provides 75% accuracy WealthComplete HD identifies deposit growth cases without using protected class variables. Read use case. Reducing risk and increasing efficiency for digital mortgages with third party verifications Equifax’s Jennifer Henry discusses why reliable, third party data remains a vital piece of the mortgage process. Read More. Go digital to reach […]

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