Martin Arana is an experienced sales executive at TransUnion, where he develops strategic partnerships by assisting organizations in the financial services/e-commerce industries to minimize their risk exposure through utilization of analytics and insights. Prior to joining TransUnion, Arana worked for a tier one consumer reporting agency/risk mitigation company as head business leader - Mortgage Servicer business unit where he developed a new market focused on MSR’s and was involved in large scale projects, negotiations, procurement, and strategies. With a diverse skill set capable of addressing a wide range of complex industry issues, he is a co-author in industry periodicals and point person at conferences and events. He can be reached at email@example.com.
Most mortgage industry leaders have made significant changes in their processes to keep current in the past few years and credit bureaus are no exception. Lenders are seeking creative methods to evaluate potential borrowers who lack credit history, and in some cases, identify consumers who will likely soon apply for credit and reach out to them directly. Here's how credit bureaus are meeting this challenge.