MortgageReports.net to Add USDS Flood Determination Services

MortgageReports.net to Connect Mortgage Lenders with Leading Service Providers

 
 
MortgageReports.net to Add USDS Flood Determination Services
 
LOUISVILLE, February 20, 2001—U.S. Determination Services (USDS), a division of PCi Corporation and leader in flood zone determination services, and National Innovative Software Solutions (Innovative), the leading provider of credit bureau technologies, have signed an agreement to integrate USDS’ flood products into Innovative’s mortgage reporting tools.

Under the agreement, credit reporting agencies will be able to provide mortgage companies with USDS flood products via Innovative’s mortgage credit delivery technologies or through USDS’ FloodWiz(TM) family of products.  As authorized USDS resellers, Innovative’s clients will receive competitive wholesale pricing on flood reports, as well as full support of their mortgage company clients from USDS’ customer service center.

“We’re excited to further build out our mortgage reporting solutions,” said Robert Brotzge, Innovative’s president.  “This mutually-beneficial agreement will give our clients an additional revenue source, while USDS gets a sizable new nationwide distribution channel.”

The initial phase of the agreement will make USDS’ services available via Innovative’s MortgageReports.net web sites and accessed from menus in Internet Express mortgage credit software.  Credit reporting agencies will provide their clients with unique login names and passwords to allow them to access the USDS flood engine.

Later this year, USDS’ XML-based technology will be fully integrated with Innovative’s VANtage Point mortgage network, allowing users to order and receive both credit and flood reports via any of Innovative's delivery vehicles.

U.S. Determination Services President Sean DePamphilis noted that "these kinds of relationships are at the forefront of banking technology today. USDS is looking forward to coupling it's technology and service within the unique structure developed by Innovative Solutions."

About U.S. Determination Services
USDS is a wholly owned subsidiary of PCi Corporation, creators of CRA Wiz
(TM) and Fair Lending Wiz(TM), the most respected compliance management tools in the banking industry. PCi has been serving the banking community since 1990, providing software to such varied organizations as the Office of the Comptroller of the Currency, the Office of Thrift Supervision, the Department of Justice, Freddie Mac, and the majority of U.S. banking institutions. Currently, over 85% of the top 100 banks in the nation are members of the Wiz family of users. 

About Innovative Software Solutions
National Innovative Software Solutions is a Louisville, Kentucky based provider of information technologies serving a nationwide network of consumer-reporting professionals and their clients.  The company’s VANtage Point network connects data providers, reporting agencies and mortgage lenders for integrated, cost efficient e-commerce.  Its MortgageReports.net web technology gives credit reporting agencies private-labeled client solutions and a neutral-branded central site at www.MortageReports.net.  For more information about Innovative Software Solutions, visit www.issnetwork.com.

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MortgageReports.net to Connect Mortgage Lenders with Leading Service Providers
 
LOUISVILLE, December 18, 2000—Innovative Software Solutions, the leading developer of mortgage reporting technologies, has announced the upcoming launch of MortgageReports.net, a new Internet site to connect mortgage lenders with some of the nation's top independent credit reporting agencies via secure, easy-to-use e-commerce. Through MortgageReports.net, lenders nationwide will be able to use their standard Internet browsers to enjoy fast, professional mortgage credit reporting from some of the industry's most respected companies.

World Class Technology
The site is powered by Innovative Software Solutions' VANtage Point mortgage network, allowing MortgageReports.net to deliver unmatched performance, security and availability. The network's direct EDI connections to repositories and trading partners—combined with its advanced routing and packet-switching methods—provide the most efficient access and delivery of credit data available.

VANtage Point's world class data center includes leading-edge firewall and redundancy technologies to guarantee the security and dependability necessary for mission-critical operations and is backed by the professional co-location services of Xodiax's state-of-the-art facilities in Louisville, Kentucky. And through VANtage Point, MortgageReports.net can provide lenders with custom solutions for unique mortgage reporting needs, including integration with 3rd party origination technologies, data products, and Internet entities.

The MortgageReports.net Difference
At the heart of MortgageReports.net is a nationwide network of experienced Service Providers who assist you from the moment you sign up. Our Service Providers are adept at providing all of your mortgage reporting needs, including account setup, report upgrades, and customer support. That means your company gets the latest in technology without sacrificing the personal service your company has come to count on from your local credit bureau.

To Get Started
MortgageReports.net will "go live" in early 2001 with full mortgage credit functionality available from qualified Service Providers on the VANtage Point network. To open your MortgageReports.net account, please contact your current mortgage report providers and ask about MortgageReports.net and Innovative Software Solutions' VANtage Point mortgage network. In the meantime, visit our software page to learn more about Internet Express, the Internet-enabled software package now available from credit bureaus nationwide.


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