Equifax

Senate Finance Committee leaders sent a letter to Equifax CEO Richard Smith scrutinizing the scope of the company's data breach and its response.

Lawmakers signaled Monday that Congress will likely have a swift and powerful response to revelations that the credit reporting company Equifax was hacked, exposing 143 million people to identity theft.

Everybody say it with me, “Customer data is a liability.” And the Equifax breach shows why.

One lawsuit has already been filed against Equifax in the wake of its massive security failure. But that’s the just beginning of the consequences for the credit bureau and the banks that use it.

Intruders accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers in what could be one of the largest data intrusions.

Despite rising home prices and a market where many older homeowners are loath to sell, home equity line of credit lending remains muted in all but one corner of the industry: credit unions.

CoreLogic will fully integrate its 4506-T income verification product in August with Fannie Mae's Desktop Underwriter platform to provide Day 1 Certainty service.

Canadians may be shouldering near-record household debt but homeowners have been managing it better than those that don't own property.

To close gaps in volume caused by inventory shortages and help consumers get over the homeownership hump, lenders are offering mortgage programs and features like low down payments, bridge loans for home sellers and student loan refinancing. (Part two in a four-part series on the mortgage industry's response to the housing inventory shortage.)

From vendor choice to valuations, here's a look at the key differences between Fannie and Freddie's upfront rep and warrant relief strategies.