Lenders One Announces New Fraud Detection, Credit Vendor
July 29 2014 - 1:07PM
Business Wire
National Mortgage Cooperative adds Informative
Research to its Platform
The Lenders One Mortgage Cooperative, a national alliance of
community mortgage bankers, correspondent lenders and suppliers of
mortgage products and services, has added Informative Research as
its newest preferred provider. Lenders One® Members now have
additional access, at a discounted rate, to mortgage information
services including tri-merge credit reports, fraud detection,
credit score management tools and more.
“Lenders One continuously optimizes our vendor network to ensure
our Members have best-in-class options that give them the control
and flexibility they need to efficiently run their operations and
serve their borrowers,” said Jeff McGuiness, CEO of Lenders One.
“Informative Research offers Lenders One Members a broad, compliant
range of products with the exceptional service levels they and
their borrowers expect.”
“Informative Research is dedicated to offering Lenders One
Members timely, market-desirable solutions like SoftQual™ which
provides a ‘soft-pull’ FICO Score on a consumer based report,”
commented Stan Baldwin, COO of Informative Research. As a Tier One
provider of credit reports, we own and control our tri-merge logic
allowing us to quickly adhere to regulatory standards and ensure
our customers remain compliant, a critical standard for Lenders One
Members.”
About Lenders One® Mortgage Cooperative
Lenders One (www.LendersOne.com) was established in 2000 as a
national alliance of independent mortgage bankers, correspondent
lenders and suppliers of mortgage products and services. Members of
the St. Louis-based platform originated more than $224 billion in
mortgages in 2013; collectively ranking as one of the largest
retail mortgage origination entities in the U.S. Lenders One,
nearly 275 lender members strong, is managed by a subsidiary of
Altisource Portfolio Solutions, S.A. (NASDAQ: ASPS).
About Altisource
Altisource is a premier marketplace and transaction solutions
provider for the real estate, mortgage and consumer debt industries
offering both distribution and content. We leverage proprietary
business process, vendor and electronic payment management software
and behavioral science based analytics to improve outcomes for
marketplace participants. Additional information is available at
www.altisource.com.
About Informative Research
Informative Research, founded in 1946, is one of the nation’s
top mortgage information service providers. Their business model is
built on delivering high quality products and services that exceed
customer expectations and yield a high degree of consumer
satisfaction. Informative Research’s dedication to customer
excellence has earned the trust of over 2,500 Mortgage Companies
and Quality Control Specialists throughout the country.
Investor Contact:AltisourceMichelle Esterman, +352 2469
7950Chief Financial
OfficerMichelle.Esterman@Altisource.luorPress
Contact:Lenders One® Mortgage CooperativeKristi Kovalak,
314-817-1313Director of MarketingKKovalak@LendersOne.com
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