A Solid Foundation: Steadfast and Ready for Mortgage Industry Changes

Highlights: 

• Equifax offers data-driven solutions to help mortgage lenders navigate industry changes, expand credit access, and mitigate risk, ensuring they are prepared for future market shifts.

The mortgage landscape is constantly evolving with continued shifts in technology needs and consumer expectations. For mortgage lenders, staying ahead of these changes while mitigating risk and expanding access to credit is paramount. At Equifax, we understand these challenges, and  will continue our unwavering commitment to support for the mortgage industry with our data-driven solutions ensuring that our partners are equipped for what happens next.

We continue to work on credit and verification solutions designed to broaden credit availability responsibly. From technology companies to mortgage desks to Capitol Hill, our partnerships power decision-making, elevate the borrower experience, and shape industry policy. This deep engagement positions us uniquely to understand and adapt to any shifts, ensuring our products and services remain fully aligned with industry requirements.

At Equifax, our readiness isn't just about compliance; it's about empowerment. Our credit reporting products are already equipped to support and deliver multiple scoring models. This flexibility means that as the industry embraces new scoring options, we are not simply reacting, but are already prepared to accommodate these changes seamlessly.

We believe that robust, quality data supports better decision-making. This philosophy underpins our commitment to initiatives that remove barriers to consumer credit access while simultaneously helping lenders mitigate risk. Our steadfast commitment means our products are designed to support a variety of scores from our customers' requested providers. This flexibility ensures that lenders can leverage the data and insights most relevant to their specific lending strategies.

We will continue to work closely with the FHFA, GSEs, industry partners, and our valued customers to ensure our solutions not only meet current demands but also anticipate future requirements, allowing us to deliver products that are always at the forefront of the industry.

In essence, Equifax is more than just a data provider; we are a strategic partner committed to your success in a dynamic environment. As the mortgage industry continues its evolution, lenders can be confident that Equifax is fully equipped to provide the data, insights, and solutions necessary to drive automation, expand credit availability, and ensure safe and sound credit decisions.

For more information on how Equifax supports the mortgage industry, please visit: https://www.equifax.com/business/mortgage/