Equifax: Equifax Cloud enabled Solution to Assist Lenders with Mortgage Qualification Process

Equifax (NYSE: EFX) has launched a new solution, The WorkNumber Report Indicator, enabled by the Equifax Cloud to empower lenders by delivering a Equifax credit report with an indicator of "employment status earlier in the mortgage qualification process." The current lending environment requires a fuller view of consumers' financial profiles, and Equifax is committed to "supporting the mortgage industry through an extensive set of data-driven solutions." The Work Number Report Indicator notifies mortgage lenders upfront if