CoreLogic has agreed to add Equifax's the Work Number platform to Credco, its verification-of-employment service.

The recent implementation of the qualified mortgage rule highlighted the need for third-party verification of mortgage applicants' employment and income, said John Bauer, CoreLogic's senior vice president for credit services, in a press release. Inclusion of the Work Number data into the CoreLogic Verification of Employment service "means that one in four requests will receive instant, up-to-date" borrower information.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry