Tag Archives: TransUnion

Truv aims to grow mortgage client base with new integrations

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More lenders can access Truv’s income and employment verification services following recent integrations with Dark Matter Technologies, Freddie Mac and nCino. Continue reading →

Personal info of nearly 15M people exposed in Mr. Cooper data breach

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Personal information in exposed files included names, addresses, phone numbers, Social Security numbers, dates of birth, bank account numbers, Mr. Cooper said. Continue reading →

VantageScore: New scoring model could qualify 4.9M extra borrowers

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Company puts heat on regulators to stick to 2025 timetable for requiring lenders to use VantageScore 4.0 to evaluate borrowers, saying delays could impact “creditworthy people of color.” Continue reading →

New Boom API to scale reporting of tenant payments to credit bureaus

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Boom’s new product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for faster, simpler reporting of tenant payment records. Continue reading →

TransUnion knocks plan to let lenders use 2 credit reports

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The plan to move to a bi-merge process allowing lenders to use two, instead of three, credit reports was announced last October by Fannie and Freddie’s federal regulator. Continue reading →

RentSpree’s new reporting feature offers renters a credit boost

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The new tool, Credit Builder, allows credit reporting institution TransUnion to consider rental payments when its algorithms build credit scores. Continue reading →

TransUnion bets $24M in strategic partnership with Truework

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Deal sets the stage for TransUnion to go head-to-head with Equifax’s verification service, The Work Number, and help mortgage lenders speed up closings. Continue reading →

Legislation aimed at banning mortgage trigger leads is back

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Despite lobbying by mortgage trade groups, two previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading. Continue reading →