Equifax has partnered with Black Knight Data & Analytics to combine anonymous consumer credit data with loan-level mortgage data to provide a better understanding of the changing credit health of borrowers on both agency and non-agency mortgages.
The value to your business:
- Create accurate scenarios of future delinquencies, defaults, loss severities and prepayments with consumer-level, time-series data
- Leverage McDash data from the vast majority of the top servicers gathered over 30 years
- Benchmark loans against one another to proactively create risk management strategies and create distinct loan 'cohorts' to manage agency risk
- Utilize up-to-date consumer risk scores and over 300 leading indicators of mortgage default for better risk assessment
- Gain better insight into borrower behavior regarding prepayment with pre-origination and post-termination data
- Review and evaluate underlying borrower and co-borrower's credit