EFX · Equifax Inc.
AI read · Bad for EFX
The AI's read
This leaves Equifax more exposed to weakness in mortgage lending. It expects mortgage-related sales to be $60 million below its earlier fourth-quarter forecast and about $80 million below its earlier full-year estimate. Growth in Talent Solutions and other markets, wider margins, cost cuts, and expected free cash flow help. But lower sales forecasts and the expected mortgage decline point to weaker business results overall. Inflation is straining lower-income borrowers, though Equifax says most people remain financially resilient and lenders have not broadly tightened credit.