FirstClose™ - Announces Credit Insurance Markets as Latest Reseller Partner
Austin , Texas , March 28, 2007 - FirstClose™, a service of First Lenders Data, Inc. (FLDI) , an Austin, Texas-based provider of bundled mortgage settlement services, announced today that it has formed a strategic partnership with Credit Insurance Markets to offer the FirstClose™ platform and suite of products to existing and future Credit Insurance Markets customers.
FirstClose™ services now available to Credit Insurance Markets and its customers include additional service providers for credit reports, flood zone determinations, AVMs, insured AVMs, desktop appraisals, income verification, document preparation services, closing services, title reports, lien reports, title insurance, recording services, and more.
"We are looking forward to working with First Lenders Data, Inc. Their FirstClose platform provides our customers with several service providers and product offerings we have not been able to offer in the past," said Joe Taborek, President of Credit Insurance Markets. "We've offered settlement service packages in the past, but the FirstClose system seems to be the most user-friendly while offering us several niche products and management tools that will be extremely useful to us and our customers."
"Our relationship with Credit Insurance Markets will give us the ability to provide products to customers that CIM knows very well," said Tedd R. Smith, CEO of First Lenders Data, Inc. "The relationships they have established in the mortgage industry are great and the confidence they have shown by choosing FirstClose speaks volumes. We are excited to provide them with new products, services, and benefits they can offer to their customers."
About FirstCloseT and First Lenders Data, Inc. (FLDI)
FirstCloseT, a service of First Lenders Data Inc. (FLDI), is an Austin, Texas-based provider of settlement service solutions to the mortgage lending industry. FirstClose offers its products and services through its proprietary Web-based FirstClose platform. The company's product offerings include credit reports, flood certifications, AVMs, insured AVMs, traditional valuation products, income verification, doc prep, closing, title reports, lien reports, title insurance, mortgage insurance, recording services, and mortgage leads. Additionally, FirstClose provides more progressive services, including hybrid and gap valuations, insured AVMs, and alternative title products. The FirstClose platform also enables lenders to integrate with legacy and existing front-end loan origination systems to use as a single point of contact. For more information on FirstClose products and services, visit the company's web site at www.firstclose.com or call 1-877-677-3282.
About Credit Insurance Markets, Inc. (CIM)
Credit Insurance Markets works with financial institutions and mortgage companies to help streamline the mortgage origination process and to help decrease the personnel needed to close new loans in an expedient fashion. By providing the latest in technology offerings via web sites and interfaces, CIM provides better customer service to the mortgage applicant at lower cost. CIM markets to lenders throughout the South Eastern United States via direct marketing efforts and throughout the remaining continental United States via a network of independent representatives. For more information, call Joe Taborek at 1-800-952-7893.
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