Mortgage Lending

When you work with TransUnion, you get experience and solutions that simplify your lending practices at all levels. We bring together data, technology and an in-depth understanding of your challenges to create new advantages.

At the core of our solutions is one of the broadest collections of consumer data available. Our Credit Reports contain current information to help you make better decisions about applicants and close loans more quickly.

With information from hundreds of credit-granting institutions, our databases are updated, audited and monitored on a regular basis so you can count on current, comprehensive information for each of your applicants. Our Credit Reports feature information on virtually all credit-active consumers in Canada, including:

Make faster, sounder decisions. Better manage fluctuations in your risk exposure and anticipate changes in credit performance with our powerful solutions, including:

• DecisionCentre®—Transform the way you process applications, target prospects, and manage risk with our Web-based ASP platform. Streamline and standardize time-consuming processes from end to end using your own rules and policies—and your choice of internal and external data, including data from both credit reporting agencies. Preconfigured applications make it fast, easy and affordable to integrate with your current Application Management System.
• TransUnion Risk Score—This score is tuned for regional differences in four key markets—Toronto, Montreal, Vancouver, and Calgary—and has a 12-month performance period.
• TransUnion Bankruptcy Score—Predict an individual’s likelihood of bankruptcy in the next 18 months. For more predictive power, it is recommended that both scores be used to better identify customers who may be good risks today but would pose heightened bankruptcy risk in case of a sudden adversity.
• Aggregate Data—This solution aggregates credit report characteristics at your choice of two levels: Postal Code and Neighbour (sub-groups of at least 15 credit-active people). You can use it to assess risk profiles more effectively.