Equifax Inc.: Equifax Launches Game-Changing Solution for the Whole Loan Market

Posted by Joachim Bartels | Oct 19, 2011 | Consumer Credit Information, Credit Scoring & Decision System, Equifax, Member, Member News, United States | 0 |

Recognizing the evolving needs of today’s whole loan secondary market, Equifax Inc. (NYSE: EFX) has responded to customer demand by developing a user-friendly, online solution for investors and lenders. Equifax’s new whole loan solution provides up-to-date borrower credit scores and data across all accounts for non-securitized mortgage and home equity loans — enabling rapid turnaround of this critical data for investors.

This unique suite of solutions enables investors and lenders to better predict loan delinquency, default and prepayment and more accurately value and price investments using hundreds of leading indicators of mortgage loan performance and highly accurate risk models. Source: Equifax

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.