Equifax Wins In Latest Version Of Senate Bank Bill

Equifax Wins In Latest Version Of Senate Bank BillWASHINGTON ― Companies that are notorious for mistreating U.S. consumers could benefit from a bipartisan Senate bill that is supposed to protect those consumers. Legislation by Sen. Mike Crapo (R-Idaho) and supported by more than a dozen Democrats would give credit monitoring companies like Equifax a chance to expand their role in the mortgage industry. The bill would require government-backed mortgage companies to solicit applications for credit scoring models for evaluating the creditworthiness of people seeking home loans.



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