Loan Modification
When borrowers are unable to fulfill the requirements set forth in the mortgage note, a loan modification can be a viable solution. Leveraging our suite of solutions, Equifax can help ease the loan modification process with a single source for verification of loan documentation.
How We Help
Credit Data
As a Mortgage Servicer, you’re faced with constant challenges - from facilitating loan modifications to identifying and mitigating delinquency risk.

Leverage the Equifax Consumer Report to obtain current and reliable consumer credit data from the Equifax repository.
Income and Employment Verification
The Income and Employment Verification from Equifax leverages The Work Number to rapidly deliver information directly from employers.

The solution can be used to determine a consumer’s employment and income for:
- Underwriting loan modifications
- Mitigating delinquency risk
- Portfolio management activities
IRS Income Verification (4506-T)
The IRS Income Verification (4506-T tax transcript service) from Equifax enables verification of applicant-stated income using data from tax returns.

Through our direct connection with the IRS, the solution can be used for:
- Fulfillment of self-employed proof of income
- Documentation for underwriting loan modifications
- Mitigating delinquency risk
- Portfolio management activities
Collateral Value Connector and Property Condition Report
Through the Collateral Value Connector and Property Condition Report from Equifax, you can confidently validate property value and condition in your servicing portfolio.

Together, the solutions enable Mortgage Servicers to:
- Optimize automated collateral valuation strategies
- Facilitate collateral valuation compliance guidelines
- Assess the condition and conformity of a property
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