MeridianLink Leverages Equifax Verification Services to Provide Employment and Income Verifications for Mortgage Credit Resellers
ATLANTA, June 18, 2014 (GLOBE NEWSWIRE) -- Equifax Inc. (NYSE:EFX), a global information solutions provider, today announced that MeridianLink is now offering employment and income verifications through The Work Number® for customers using its Mortgage Credit Link™ Platform (MCL). The Work Number® is a proprietary database owned by Equifax Workforce Solutions, a business unit of Equifax Inc.
As a centralized, Web-based mortgage credit reporting system, MCL integrates its customer's credit systems with their client's loan origination systems, providing the seamless transmission, validation and interpretation of data between applications and organizations. By optimizing Equifax Verifications Services' full range of tools, and leveraging The Work Number® database of more than 241 million employer-direct payroll records, MCL enables credit resellers to deliver the most comprehensive employment and income database in the nation to their lender customers.
"Employment and income verification plays a critical role in originating quality loans. It is also essential that proper documentation be validated and revealed quickly and accurately," said Equifax Senior Vice Presidents Michael Kuentz and Craig Crabtree. "Combining MeridianLink's centralized and robust mortgage platform with The Work Number database delivers maximum efficiency across the entire lending industry."
"MeridianLink is excited to have this integration as an enhancement to our current platform," said Jason Domazet, Business Development Manager, MeridianLink. "We continue to strive to provide our clients integrations that are an efficient means to order products from a centralized platform for our end users."
About Equifax, Inc.
Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide. The company's significant investments in differentiated data, its expertise in advanced analytics to explore and develop new multi-source data solutions, and its leading-edge proprietary technology enable it to create and deliver unparalleled customized insights that enrich both the performance of businesses and the lives of consumers.
Headquartered in Atlanta, Equifax operates or has investments in 19 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. In 2013, Equifax was named a Bloomberg BusinessWeek Top 50 company, was #3 in Fortune's Most Admired list in its category, and was named to InfoWeek 500 as well as the FinTech 100. For more information, please visit www.equifax.com.
CONTACT: Equifax Contact Information
1550 Peachtree Street, N.W.
Atlanta, Georgia 30309
Meredith Griffanti
Media Relations
(404) 885-8913
meredith.griffanti@equifax.com
MeridianLink Contact Information
1600 Sunflower Ave. #200
Costa Mesa, California 92626
Jason Domazet
Business Development Manager
(888) 593-8970
jasond@meridianlink.com
Released June 18, 2014