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Equifax's Grip on Mortgage Data Squeezes Smaller Rivals
While Equifax and the other big credit-reporting agencies dominate, a group of about 40 other firms also provide lenders with credit information. The internet abounds with consumer complaints about the company, and since the data breach, many consumers have said they have been unable to reach the company. I asked Equifax why it was keeping so many competitors, most of them smaller, off the Freddie Mac system.
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