Resources

Resources tagged "Mortgage Services"

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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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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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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Maximize your refi programs for lower-income borrowers.

Fulfill your CRA obligations with new Fannie Mae and Freddie Mac refi programs. New options for low-income borrowers who want to refinance Fannie Mae RefiNow and Freddie Mac Refi Possible are aimed at lower-income homeowners who have not taken advantage of record-low interest rates to refinance their mortgages. Lenders are required to reduce the borrower’s monthly payment […]

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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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How does your credit information provider stack up?

Take a moment to consider: Are you receiving the level of service you deserve? Do the products you consume help you effectively manage your business? Are you receiving the most competitive pricing available today? Unsatisfied or unsure? We can review your current strategy for process efficiencies and solutions that may benefit your business and customers. Winning […]

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January 2021 Industry Insights from Confluent Strategies

Contactless and Self-Service are Here to Stay Now more than ever, consumers expect real, contactless experience. It is time to create those experiences the right way. It is time to listen to consumers and adapt business models to make self-service and contactless the first design option for your services. Not the last. Read more… Checklist: Marketing […]

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Generate more quality leads

Equifax offers a robust suite of solutions to help you acquire more mortgage customers. Highlighted below are a few solutions that have been extremely helpful to many of our current mortgage partners. Predict the right pre-market prospects with a Prescreen. Help identify more of the right borrowers by applying predictive, pre-market consumer insights to your segmentation […]

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February 2021 Industry Insights from Confluent Strategies

Housing starts hit highest pace since 2006 Single-family housing starts ended 2020 on a high note, rising 12% in December to a 1.338 million-unit pace – the highest pace since 2006, according to the Census Bureau. That’s up 27.8% from one year ago, a remarkable figure given the economic effects of the COVID-19 pandemic, per […]

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