TransUnion Partners With UMortgage, Funnel Leasing On Financial Tools

Mortgage company UMortgage has partnered with TransUnion TRU and FinLocker to provide consumers with the USafe app making financial literacy and personal financial management more accessible.
USafe financial fitness app, powered by FinLocker, helps consumers build, monitor, and improve their finances to achieve long-term goals.
Separately, Funnel Leasing has partnered with TransUnion to empower renters with a frictionless Apartment application experience and assist operators with making better screening decisions.
TransUnion's rental screening solutions ResidentScore, and ResidentID products are integrated into the Funnel platform, enabling a suite of reporting functionality and improvements to collected data capabilities.
"Through this partnership, Funnel is streamlining the digital leasing process, providing renters with a better user experience, and making it easier for property managers to efficiently screen and approve applicants," stated Maitri Johnson, VP of TransUnion's tenant and employment screening businesses.
Analyst Updates: Morgan Stanley raised the price target to $105 (an upside of 2%) from $102 while maintaining the Equal-Weight rating in the shares.
Credit Suisse analyst Kevin Mcveigh lowered the price target to $100 (a downside of 2.9%) from $105 and maintained his Neutral rating on the shares.
Price Action: TRU shares are trading higher by 3.95% at $102.39 on the last check Wednesday.

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