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Kroll Factual Data Inks Preferred Partnership Deal with Prime Alliance Solutions
- Alliance provides credit union safety, soundness, increased profitability -
LOVELAND, Colo., August 03, 2009 – 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.
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