New verification services are creating a more efficient, effective, mortgage lending process.
A current TV ad for home security systems uses the phrase “vacation season is break-in season,” reminding homeowners of the increase in burglaries that occur when families embark on summer vacations. In the world of information security, data thieves don’t necessarily have a season, but they can capitalize on lax process security during peak points [Read More...]
They say that love makes the world go ’round, but in business, it’s data that often fuels the fire. Whether it’s confirming a customer’s address or looking up past account information, having accessible data at hand streamlines the process and can help in cross-selling and marketing efforts. Of course, while accurate and timely data are [Read More...]
The adoption of technology can counter some of the unintended consequences of today’s complex mortgage environment. Keeping up with consumer demand for an electronic mortgage process not only provides a significantly better experience for the prospective borrower but also incorporates cost saving processes for a lender. In this article, Equifax’s Jeff Knott discusses how electronic [Read More...]