Consumer Credit Public Record Changes September 2017

Additional Changes Slated for ConsumerCredit Reporting Additional changes are coming in regards to reporting to consumer credit reports. If you use consumer credit data in your business operation or furnish information to the bureaus, you will want to be prepared for the next round of significant impacts slated for September of 2017. History In 2016, the […]

Consumer Credit Education Video Series

Commitment to Consumer Credit Education Announcing the Release of a New Educational Video Series to Aid Consumer Financial Literacy SIR has been participating in credit education programs in our marketplace for decades. We are always happy to bring our credit expertise to a homebuyer workshop or industry event. It is our belief that educating the […]

Home Equity Production Summer 2017

Is your home equity pipeline not where it should be? Now that we have officially begun summer, most consumers are planning out their summer home improvement projects and updates. But what about those consumers who have equity and aren’t using it? Now is a good time to check out your portfolio, with a few key […]

Is the Competitive Pressure Causing Lending Fraud?

The Pressure to be Competitive: At What Cost? Leaders are stressing the importance of being competitive in residential lending and credit risk. This is setting the stage for lower underwriting quality and leaving lenders exposed for fraud. Data Misrepresentation Recent lending analytics have shown an increase in fraud type indicators that match the national index, […]

Will New Credit Reporting Changes Hurt Lenders?

Will New Credit Reporting Changes Hurt Lenders? For some time now the three major credit bureaus; Equifax, Experian and TransUnion, have been working together to improve the accuracy and quality of data as well as enable consumers to better understand their credit information. Collectively, the credit bureaus are working towards improving accuracy and the consumer […]

2017 SIR Consumer Lending Summit: Recap

2017 SIR Consumer Lending Summit: Recap March 10, 2017 We were heading into spring in Newport, as we hosted our second annual Consumer Lending Summit at the Gurney’s Newport Resort and Marina. Mother nature graced us with a bit of late snow, but inside the hotel we were buzzing with our consumer lenders and team […]

Strategic Information Resources Integrates with LendingQB to Deliver Real Estate Appraisals

Strategic Information Resources Integrates with LendingQB to Deliver Real Estate Appraisals Springfield, MA. Strategic Information Resources Inc., (SIR), a leading provider of mortgage and appraisal solutions, announces today it has partnered with LendingQB, a provider of mortgage loan origination technology solutions. As a result, mortgage lenders, banks and credit unions now have direct, seamless access to […]

Vail Madrak: Live from the Super Bowl in Houston!

Vail Madrak is one of the new additions to the sales and support team at Strategic Information Resources.   She joined our team in October 2016 as a Relationship Manager, which is an important role here at SIR.   Vail is tasked with delivering exceptional service & support to key clients, as well as providing expert […]

Are You Really Prepared For Home Equity Growth?

Financial institutions lending in the real estate market have had their hands full with new regulatory changes at both the state and federal level.  While lenders have been understandably sidetracked by new rules and procedures, something else has largely gone unnoticed. The amount of available home equity in US homes has been growing steadily for […]

Home Equity Business is Booming, But Are You Missing Out?

The amount of available home equity in US homes has been steadily on the rise, and has almost reached the record levels seen back in 2006.   According to a recent report from Black Knight Financial Services (BKFS), the US has seen more than 50 consecutive months of home price appreciation across the nation, with prices […]