Verifications Focus

Demystifying compliance issues in automotive dealing & lending and the impact of the CFPB

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Webinar: Demystifying compliance issues in automotive lending & dealing and the impact of the CFPB Date: Tuesday, April 7, 2015 Time: 2:00 PM ET During the webinar, attendees will learn about key compliance concerns for automotive dealers and lenders from a former examiner with the Federal Reserve Bank of Atlanta, including the increasing reach and influence [Read More…]

Visit Equifax at LendIt USA 2015

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Empowering Online Lending Leaders with Trusted, Verified Data at LendIt USA 2015 Join Equifax at LendIt 2015 in New York- April 13-15, where we’ll be showcasing the latest verification solutions for real-time decisioning and applicant qualification for the internet finance and online lending community. Visit Equifax during LendIt USA 2015, Booth #703 to be entered in a drawing [Read More…]

Expect Increasing Demand for Data in Mortgage Lending

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Austin Kilgore, managing editor for National Mortgage News and Mortgage Technology, released a series of stories at the end of last year previewing the biggest trends in 2015 for mortgage. In his article, “2015 Technology Outlook:  Data, Data and More Data”, Kilgore discusses the ongoing push for more robust loan data in 2015 as market participants [Read More…]

Webinar – eSignatures and compliance – bullish on eSignature adoption

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A group of over 200 webinar attendees showed themselves bullish about eSignatures at a webinar discussing electronic signature legal issues. The webinar addressed the legal background for eSignatures and electronic records in general for mortgage lending. Margo Tank, counsel for Electronic Signature and Records Association (ESRA) as well as a leading eCommerce lawyer and partner at [Read More…]

Webinar: Leveraging eSignatures for Better Compliance in Mortgage Lending

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Webinar:  Leveraging eSignatures for Better Compliance in Mortgage Lending Date: Tuesday, January 27, 2015 Time: 1:00 PM ET Hear the legal counsel to the Electronic Signature and Records Association (ESRA) discuss both best practices for incorporating electronic records throughout the life of a mortgage loan, as well as the power of electronic signatures as a [Read More…]

The Affordable Care Act: Preparing for 2015

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January 1, 2015 is an important date for the Affordable Care Act. This is not only when large employers must begin providing healthcare coverage to eligible employees, but it’s also when organizations must start tracking all the necessary data to fulfill section 6055 and 6056 reporting requirements. While many employers believe they do not have [Read More…]

Questions are the Answer for Millennials in Auto Finance

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The next generation of car buyers is walking through showroom doors with mounds of student debt and thin credit files, making creditworthiness particularly challenging to discern. For dealers looking to better serve the swiftly growing millennial market, Equifax’s resident auto marketing expert Jenn Reid recently shared practical advice with Car Biz Today on how to help align this growing customer base with the [Read More…]

Keep Customers from Selling Themselves Short

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A common misconception in auto lending is that there’s a high propensity for customers to overstate their income. In reality, what Equifax has found is that around 25% of borrowers overstate their income while 75% actually under-report what they make. In either scenario, getting an accurate representation of employment and income data eliminates many uncertainties [Read More…]

A Week of Innovation and Leadership in the Used-Vehicle Industry

Used Car Week - Auto Finance

The Equifax team is gearing up as the countdown begins to Used Car Week at Red Rock Casino, Resort & Spa in Las Vegas, Nevada November 10-14. This week-long event hosts four outstanding conferences in one: CPO: The Pre-Owned Conference – Nov. 10 & 11 SP: The SubPrime Forum – Nov. 10-12 Re3: Recovery, Repossession, [Read More…]

INFOGRAPHIC: The Value of Automated Employment and Income Verifications

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New Data from Equifax Workforce Solutions underscores the value of The Work Number.  The INFOGRAPHIC serves as an outline of the comprehensive Equifax employment and income verification services.  It highlights the unique data assets that make up The Work Number database, secure access points to this data, related HR services, and details how this benefits employers, employees, and [Read More…]