FirstClose™ - Announces
Amerifirst Home Improvement Finance as Latest Customer.
Austin, Texas, July 11, 2006 - FirstClose™, a service of First Lenders Data, Inc. (FLDI) , an Austin, Texas-based provider of bundled mortgage settlement service solutions, announced that Amerifirst Home Improvement Finance , a national home improvement lender based in Omaha , NE , has selected FirstClose as its bundled mortgage settlement services provider.
Amerifirst will order bundled settlement services utilizing an interface between the FirstClose™ platform and Appro's LoanCenter loan origination system (LOS). Services i nclude automated valuation models (AVMs), document preparation, legal and vesting reports, lien protection, and full disbursement closing services.
"We selected FirstClose for mortgage settlement services due to their vast selection of vendors and their current interface with Equifax Enabling Technologies and the Appro LoanCenter system," said Sam Buccelli of Amerifirst. " Combined with the simplified vendor management process, which helps us maintain our focus on serving our own customers, FirstClose provides a practical way for us to obtain additional market share and boost our competitiveness."
FirstClose™ offers customers nationwide a variety of bundled mortgage service options, including; credit reports, flood certifications, AVMs, full, desktop and drive-by appraisals, title reports, title insurance, closing and recording services, in one easy-to-use bundled services platform. 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.
"FirstClose™ mortgage technology solutions meet the evolving needs of today's lenders," said Timothy R. Smith, President of FirstClose. "We believe that Amerifirst's decision to utilize FirstClose, will enable them to compete more aggressively on a national level."
About Amerifirst Home Improvement Finance
AmeriFirst Home Improvement Finance is an Omaha , Nebraska based home improvement lender that has been serving America 's homeowners for over 25 years. Since inception, Ameifirst has focused exclusively on the home improvement industry and is dedicated to providing quality financial services to individual homeowners and to the contractors who serve them. Additionally, AmeriFirst created the Remodel-Edge Program to help dealers finance more customers and to simplify the loan approval process. Remodel-Edge was designed from the ground up to serve the requirements of the home improvement industry.
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 and traditional valuation products, as well as income verification title, doc prep, closing, title reports, title insurance, mortgage insurance and recording services. Additionally, FirstClose provides more progressive services, including hybrid and gap valuations, insured AVMs, and alternative title products.
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