In a hearing on holding credit bureaus more accountable the House Financial Services Committee sought answers from Equifax, TransUnion, and Experian on credit reporting. Here’s what the committee and witnesses had to say about making the process stronger and more secure.
Read More »Equifax and Yodlee Verification Products Accelerate Digital Mortgage Process
Equifax Inc. announced that it is working with Yodlee, a financial data aggregation and data analytics platform, to help simplify the mortgage loan process by making it easier for lenders to derive insights from borrowers' financial data.
Read More »Equifax Joins Forces with Freddie Mac
Equifax Inc., a global information solutions company, announced that it will be working with Freddie Mac to fully automate the assessment of borrower income.
Read More »The Industry Pulse: Updates on Fannie Mae, Equifax, and More . . .
From Fannie Mae making headlines with the addition of John Forlines as SVP and Chief Risk Officer to Equifax securing a coveted accolade, catch up on what some of the biggest company names in the housing industry have been up to.
Read More »Equifax Featured in 2018 IDC FinTech Ranking
Equifax announced it has once again been named to the 2018 IDC FinTech Rankings, a comprehensive vendor ranking within the financial services industry.
Read More »Equifax Introduces New Indicator to Reduce Friction in Lending
Equifax's Work Number indicator is an alert that can reduce lending friction for consumers and lenders with income and employment information available early in the process.
Read More »The Changing Makeup of Consumer Debt
Mortgage debt makes up a noticeably smaller share of total consumer debt than it did a decade ago, according to the latest Equifax National Consumer Credit Trends Report, covering data for March 2018. According to the Equifax report, mortgage debt ...
Read More »U.S. Senate: Credit Bureaus Data Security and Equifax
The U.S. Senate Committee on Banking, Housing, and Urban Affairs met Tuesday morning in an open session titled “Consumer Data Security and the Credit Bureaus” to address how credit bureaus intend on protecting consumer data—specifically in light of the recent ...
Read More »Unraveling the Equifax Data Breach
Tuesday morning, Former Equifax CEO Richard E. Smith testified before the U.S. House Committee on Energy and Commerce. Smith served as the Chairman and CEO of Equifax for the last 12 years. He stepped down on September 25, in the ...
Read More »Equifax CEO Explains Reasons for Retirement
Equifax, Inc. CEO and Chairman of the Board Richard Smith announced his retirement through the Board of Directors Tuesday. However, with an upcoming testimony on the breach, what does this mean for the company as a whole?
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