Informative Research’s New Partnership with IndyMac Facilitates On-Line Loan Process

GARDEN GROVE, Calif., July 7 – Informative Research, a leading mortgage credit reporting company, announced today the onset of a technology-based partnership with IndyMac Bank®. This partnership makes it easier than ever to order credit reports from Informative Research via QuickPricer® and e-MITS®, IndyMac’s® proprietary on-line loan prequalification, pricing and decisioning technology.

IndyMac Bank has added Informative Research to a list of preferred credit vendors on its award-winning e-MITS system. “This new functionality allows brokers to order or reissue Informative Research credit reports directly through QuickPricer and e-MITS for faster and more efficient loan processing,” said Ondar Tarlow, VP/Director of Mortgage Bank Marketing at IndyMac. “e-MITS allows the user to submit loan application data and receive an online decision and pricing in less than a minute. This latest enhancement provides great value to our customers by pushing credit reports through to point-of-sale while giving access to already purchased credit reports.”

“Informative Research is proud to partner with IndyMac Bank,” stated Sean Buckner, Senior Vice President of Informative Research. “We believe this partnership will benefit both organizations by offering customers greater selection, and access to IndyMac’s cutting-edge technology. With this collaboration, IR affirms our commitment to strengthening the resources we provide our customers.

Over the years, IndyMac’s innovative QuickPricer and e-MITS technology has been widely recognized within the mortgage lending industry. QuickPricer was the first online, prequalification and risk-based pricing indication tool available to the industry. It allows brokers to input minimal loan information and receive an online risk-based pricing indication in 30 seconds, without having to complete a loan application or credit report. In 2000, Mortgage Technology Magazine awarded e-MITS its “10X” Award and again commended QuickPricer and IndyMac’s Web site, www.indymacb2b.com in 2003. In 2001, e-MITS was also recognized by Inman News with the Inman Innovator Award for its online lending technology platform offering submission, pricing, decision, documentation requirements and pipeline tools in an easy to use web-based system.

About IndyMac Bancorp, Inc.
With $14.5 billion in assets and a market cap of $1.9 billion, IndyMac Bancorp, Inc. (NYSE: NDE), through its principal subsidiary, IndyMac Bank, is a leading technology-based mortgage lender and FDIC-insured consumer bank headquartered in Pasadena. IndyMac is ranked as the 17th largest mortgage lender in the nation (National Mortgage News, First Quarter 2004 survey). To become an approved customer go to www.indymacb2b.com or call 1-888-IndyMac (463-9622).

About Informative Research
Informative Research is a privately held information provider, servicing the mortgage lending industry since 1946. Informative Research was founded to provide research services aimed at reducing the risk faced by the banking and lending community. During its 58-year history, IR has evolved into one of the nation’s recognized leaders for full service mortgage information services, distinguished by its implementation of technology and its Commitment to Customer Excellence (C2E), which emphasizes extraordinary relationships with the lenders, brokers, and agents involved in the loan process. For further information regarding the benefits of working with Informative Research, please contact us at 714-638-2855, or visit http://www.informativeresearch.com.

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