FLDI Announces BankAtlantic as Latest Customer
Austin, TX, April 29, 2009 - First Lenders Data, Inc. (FLDI), an Austin, TX - based provider of FirstClose, an online dashboard for aggregated mortgage settlement services, announced today that it has added BankAtlantic, one of the oldest and largest Florida based community banks, to its list of growing customers. BankAtlantic will be utilizing the APPRO loan origination system to access FirstClose vendors to obtain Flood Zone Determinations, Automated Valuation Models (AVMs), and Title Reports.
“We use the FirstClose/APPRO solution for AVMs, Flood, and Title Reports. We love it! It has significantly streamlined our workflow and is helping us hit our goals to reduce closing times…” said Marty Kelleher, Manager, Consumer Underwriting and Loan Production, BankAtlantic.
In 2006, FLDI announced its strategic alliance with APPRO Systems, an Equifax company based in Baton Rouge, LA. This strategic alliance was formed to provide APPRO customers the ability to order multiple mortgage settlement services through APPRO’s loan origination system. “Instead of creating multiple interfaces with each settlement service provider, we now have the ability to tap into these service providers through one convenient interface…” said Barbara Lasseigne, Director of Product Management at APPRO Systems.
FLDI offers customers a variety of nationwide mortgage service options, including; credit reports, flood certifications, AVMs, appraisals including full, desktop and drive-by valuations, title reports, title insurance, closing and recording services, and much more, in one easy-to-use online central dashboard. The FLDI platform also enables lenders to integrate with legacy and existing front-end loan origination systems to use as a single point of contact.
“The FirstClose dashboard offers lenders the efficiency and cost reduction tools needed in today’s tough economic climate,” says Corey Smith, FLDI’s Direct of Business Development. “Research shows that companies that invest in technology and efficiency related processes often come out of recessions in a stronger position than they went in, BankAtlantic certainly understood that when they chose FirstClose as their settlement solution provider.”
About BankAtlantic
BankAtlantic began in 1952, with one branch in downtown Fort Lauderdale. Their business strategy was simple and straightforward: give customers great service, solid products and competitive rates on their deposits. Today, BankAtlantic is one of the oldest and largest Florida based community banks, employing 1,750 people who work at 100 branches across South Florida and the Tampa Bay area.
To learn more about BankAtlantic, please visit the company's Web site, www.bankatlantic.com.
About APPRO Systems, an Equifax company
Baton Rouge, LA.- based APPRO Systems, An Equifax Company is one of the lending industry's leading providers of comprehensive, automated credit risk management and financial technologies for online and traditional lending environments. APPRO provides solutions for more than 190 financial institutions, with customers of all types in the United States, Canada, and Puerto Rico.
To learn more about APPRO, please visit www.approsystems.com.
About First Lenders Data, Inc.
First Lenders Data Inc. (FLDI) is an Austin, Texas-based provider of settlement service solutions to the mortgage lending industry. FLDI offers its products and services through its proprietary Web-based platform. The company's product offerings include credit reports, flood certifications, AVMs and traditional valuation products, as well as title and property data services. Additionally, FLDI provides more progressive services, including hybrid and gap valuations, guaranteed AVMs and alternative lien reports.