Equifax reported a 15% increase in U.S. mortgage-related revenue for the third quarter, even as the credit bureau warned that the mortgage market weakened sharply late in the period and is likely to remain under pressure through year-end. The Atlanta-based company...
Nearly 2,000 mortgage lenders and resellers used Equifax’s promotional VantageScore 4.0 offering between April and September, the credit bureau said Thursday, providing one of the clearest company-reported measures yet of how quickly mortgage firms are testing...
Equifax introduced Mortgage Score Select on October 8, offering mortgage lenders and brokers a way to obtain its credit file with a chosen score—or no score—and retrieve the file again within 24 hours for a $1 repull charge. The $1 figure applies to the subsequent...
The credit scoring agencies Equifax (NYSE: EFX) and Experian are joining their competitor TransUnion (NYSE: TRU) in reducing their respective VantageScore 4.0 mortgage credit scores for 99 cents. Equifax said it will continue to offer free VantageScore 4.0 credit...
Mortgage debt accounted for nearly three-quarters of all US consumer debt during August, according to the latest Consumer Credit Trends Report published by Equifax (NYSE: EFX). In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Mortgage...
Sunrise Realty Trust Earnings Fall as Southern Realty Merger Closes
