Business Need Focus

CFPB Proposes “Ability-to-Repay” Rules in Lending

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The Consumer Financial Protection Bureau (CFPB) announced on March 26th, 2015 it was considering rules that impact short-term and long-term financing by requiring lenders to take steps to make sure consumers can repay loans. The guidance notes the following: “The CFPB recognizes consumers’ need for affordable credit, but is concerned that the practices associated with [Read More…]

Webinar: Credit Unions and the HELOC Landscape

Credit Unions and the HELOC Landscape

Event: Credit Unions and the HELOC Landscape Date: Tuesday, May 5, 2015 Time: 2:00 p.m. Eastern Registration Link:  http://consumer.equifax.com/LP=1585 According to the latest Equifax National Consumer Credit Trends Report, U.S. consumer appetite for home equity lines of credit (HELOCs) is increasing. More than 1.2 million new HELOCs were opened in 2014, a 15.8% increase over [Read More…]

Retro WOTC: Real Value, Little Time

Money on Table

Staffing firms’ onboarding processes are filled with challenges due to a rapidly changing contingent workforce environment, high turnover and hiring rates, and operational inefficiencies; which has a direct impact on their bottom line. This makes staffing organizations a prime candidate to benefit from a WOTC screening platform that delivers an automated process and service that helps identify, qualify, and [Read More…]

Online Lending Best Practices

Progressive Authentication

The online lending marketplace is a rapidly evolving environment that will continue to grow and change.  Online marketplaces are transforming the way in which lending transactions take place, creating value for both lenders and borrowers alike.  But just like traditional lending practices, this new era of lending is accompanied by challenges that can’t be ignored. [Read More…]

Visit Equifax at the AACC Annual Convention

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Join Equifax at the AACC 2015 Annual Convention – April 18-21 in San Antonio, TX and learn how we can help provide educational institutions with graduate outcome metrics based on objective and verified data that identifies graduate and program performance. The Gainful Employment regulation will go into effect July 1, 2015. Are your programs at [Read More…]

Compliance webinar – poll suggests more growth for auto loan securitization

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The automotive lending community seems to be leaning towards a bullish view on continued growth in securitization of auto loans. That was the indication we got from attendees at a recent webinar on the changing regulatory environment for lenders and dealerships. The audience of over 150 managers, underwriters, loan officers, compliance managers and others in the automotive [Read More…]

The special challenges of remote I-9s – a recent webinar

Webcast replay

Form I-9 seems simple on the surface, but it is filled with landmines and compliance implications throughout.  Adding in remote hires only increases the complexities and introduces special compliance risks. This fact was driven home at a recent webinar where we included a live polling question for attendees on the role of notaries as representatives [Read More…]