SOURCE: Data Facts, Inc.

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March 03, 2016 02:00 ET

Data Facts, Inc. Featuring March Webinar on Upcoming Mortgage Trended Data

MEMPHIS, TN --(Marketwired - March 03, 2016) - Following an announcement from Fannie Mae, Data Facts Inc. -- a nationwide provider of mortgage lending solutions -- is offering a complimentary "Trended Data Education" webinar focusing on the upcoming industry change of including trended data in mortgage decisions.

Fannie Mae's announcement to utilize trended consumer credit data in the assessment of mortgage applicants beginning in June 2016 is a major shift for the industry. The use of trended credit data by the mortgage lending industry is expected to help certain groups of consumers expand their borrowing opportunities. 

Data Facts' EVP and managing partner, Julie Wink, explains. "We are committed to bringing crucial, timely information to our customers to help them understand the changes in the mortgage industry. Adding trended data to traditional mortgage credit reports is a big modification, and we want to do everything we can to ensure our clients are prepared when it rolls out in June."

The webinar, co-presented by Wink and Data Facts' Senior Marketing Project Manager Susan McCullah, will offer an explanation of Trended Data, show how it will be accessed, and discuss certain benefits of utilizing it in reaching mortgage decisions. The thirty minute presentation will include a question and answer session at the end.

The trended data webinar is scheduled for Tuesday, March 8th, at 10am Central, and is free of charge to all mortgage professionals.

About Data Facts, Inc.

Since 1989, Data Facts, Inc. has provided trusted information to mortgage lending and Human Resource professionals to reach sound lending and hiring decisions. Headquartered in Cordova, TN, the company maintains a national footprint and stays on the forefront of industry regulations. This insight allows them to provide a suite of comprehensive solutions to advance their clients' efficiency. Their dedication to operational excellence and personalized support has solidified them as an industry leader for over 26 years.

Their commitment to above industry standards is proven by their NAPBS accreditation, sustaining SOC 1 and SOC 2 certifications, all staff members upholding FCRA certification, and maintaining active roles on the NCRA and multiple MBA boards.

In addition, Data Facts, Inc is certified by the Women's Business Enterprise National Council (WBENC) as a women-owned business.

For more information, please contact Data Facts, Inc. at 901-685-7599 or email info@datafacts.com. Subscribe to their lending solution or background screening blog, follow them on Twitter at @dfscreening and @dflending, and connect on LinkedIn at Data Facts, Inc. to stay abreast of industry updates.

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