- Alliance Provides Credit Union Safety, Soundness, Increased
Profitability -
Kroll
Factual Data, a provider of business information solutions to
financial organizations, announced today that it has partnered with Tukwila,
Wash.– based, Prime
Alliance Solutions, Inc., a provider of iMortgage solutions for
credit unions, to bring an integrated offering of Kroll Factual Data’s
credit and flood technology services through Prime Alliance Solutions’
LOS platform.
The official launch is slated for September and will be available
through Prime Alliance Solutions’ Retail Lending Center and Loan
Fulfillment Center platforms to the 1,600 credit unions it serves
nationwide. Utilizing Kroll Factual Data’s flood and credit technology,
credit unions will experience a seamless process with reduced costs,
while benefiting from a more user-friendly credit report format.
“Kroll Factual Data’s stability and longevity in the industry made them
a perfect preferred partner for us,” said Joe Brancucci, chairman and
CEO of Prime Alliance Solutions, Inc. “Creating relationships such as
this one with Kroll Factual Data provides our credit unions with
additional mortgage fraud protection without the need to manage
additional vendor relationships.”
Credit unions can directly order flood and credit reports from Kroll
Factual Data through Prime Alliance Solutions LOS. The convenience of
not having to leave their system saves both time and money.
“The partnership with Prime Alliance Solutions, Inc. allows credit
unions to transfer risk and increase profitability, while offering
products that are known for their safety and soundness,” said Jeff
Gentry, VP of Kroll Factual Data. “Kroll Factual Data has been in the
business for 25 years and continues to forge synergistic partnerships
demonstrating our stability in this volatile market.”
About Prime Alliance Solutions, Inc.
Prime Alliance Solutions, Inc. is the largest credit union service
organization and the credit union movement’s recognized leader in
innovative mortgage solutions. Prime Alliance’s approach to mortgage
lending is used by more than 1,600 credit unions nationwide. Prime
Alliance offers a full family of real estate solutions, including online
applications, loan origination software, loan servicing, closing and
settlement services, real estate services, Strategic Mortgage Solutions
University and consulting. Visit the website at www.primealliancesolutions.com.
About Kroll Factual Data
Kroll Factual Data is a leading provider of business information to
mortgage lenders, consumer lenders, property management firms and other
businesses. For more than 20 years, Kroll Factual Data has helped
business make prompt, accurate decisions by combining innovative
solutions with cutting-edge technology and industry-leading customer
service. Kroll Factual Data is a subsidiary of Kroll, the world’s
leading risk consulting company. Kroll is a subsidiary of Marsh &
McLennan Companies, Inc. (NYSE:MMC), the global professional services
firm. For more information, visit www.krollfactualdata.com.
Fleishman-Hillard
Emilie Moghadam, 202-857-2212
emilie.moghadam@fleishman.com
