ATLANTA, May 29, 2014 (GLOBE NEWSWIRE) -- Equifax Inc. (NYSE:EFX) announced today its inclusion as a 2014 "Top 50 Service Provider" by Mortgage Technology magazine. The listing cited the company's Spectrum Verification Services Platform, which provides a central hub for lenders to access the full suite of verification reports through a single Web interface or system integration.
The annual "Top 50 Service Providers" listing recognizes technology and service providers that display continued advancement of technology and services, leverage sustainable revenue models and value proposition to customers, provide excellent customer service and highly influence on the mortgage industry.
"The customer service and regulatory compliance demands placed on mortgage lenders and servicers are greater than they've ever been before, and the industry relies on its technology vendors to help it meet these expectations," said Austin Kilgore, editor of Mortgage Technology magazine and managing editor of its sister publication, National Mortgage News. "The companies named to the 2014 Top 50 Service Providers list have proven themselves worthy of this complex and ongoing challenge."
In addition to Spectrum, Equifax was named among the industry's best technology providers for launching its investor loan review tool, Risk Reveal™, enhancing its retro-active income verification service, Point In Time™, and developing Collateral Value Connector™, which processes valuations from multiple vendors and selects the one that performs best based on accuracy, coverage and cost requirements.
"Being named to this year's 'Top 50 Service Providers" list is an honor and we are excited to be recognized among some of the industry's very best organizations," said Craig Crabtree, senior vice president and general manager, Equifax Mortgage Services. "Our recurrence on this prestigious listing is indicative of Equifax' continuous commitment to developing new and innovative solutions that help our customers better manage their business, ultimately benefitting the mortgage industry at large."
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/mortgage.