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Informative Research and LenderLive Partner to Provide Complete Mortgage Solution from Pre-Approval to Post-Loan Closing

Informative Research Added as Credit Provider for LenderLive Network Customers

GARDEN GROVE, Calif. and GLENDALE, Colo., November 22, 2004 – LenderLive Network, Inc., a mortgage outsourcing technology partner and Informative Research (IR), a leading independent mortgage credit reporting agency announced today that they have partnered to provide more efficient, quality-enriched solutions for mortgage lenders.

LenderLive provides complete ecommerce business solutions for mortgage lenders. Using automated technology, LenderLive enables mortgage lenders of all sizes to outsource mortgage functionality, including call center and web site origination, processing, underwriting, closing, and post-closing follow-up activities. As an enhancement to their current outsourcing platform, LenderLive has chosen to supplement its current credit services with Informative Research. LenderLive customers from credit unions to large banks will have the ability to access credit from one of the most highly recognized credit providers in the nation.

“Informative Research’s dedication to creating positive solutions for both customers and business partners made them a natural choice for LenderLive to add to our network,” said Kim Starley, Senior Vice President of Business Development. “LenderLive has always focused on providing the best solution for the challenges faced by mortgage lenders, and we are confident that Informative Research can deliver the level of service and quality we seek to provide our customers. Reliability is crucial to our customers’ processes. By investing in technology and by creating relationships with strong industry allies like Informative Research, we can continue to help our customers succeed.”

“Developing this alliance with LenderLive allows a new set of customers to benefit from IR’s proven approach to customer service,” said Jeffrey Lau, Director of Marketing for Informative Research. “LenderLive serves an impressive array of customers, and has demonstrated that they seek to develop long-term partnerships. This corresponds with our Commitment to Customer Excellence (C2E), which has been one of the tenets of our success in this industry. We are confident that this partnership will further enhance LenderLive’s offerings and maximize their customers’ success.

LenderLive and Informative Research completed the final aspects of integration on Wednesday, opening access to IR credit reports to all LenderLive’s customers and prospects. New customers who sign on with LenderLive will have the opportunity to rely on Informative Research for their credit data and support.

About LenderLive
LenderLive Network, Inc. provides personal, scalable and cost efficient outsourcing solutions for the mortgage industry. LenderLive's solutions enable its clients to be the dominant mortgage lender in its customer and affinity groups by enabling them to originate or acquire more loans, more efficiently, at a lower cost. LenderLive arms clients with the resources, experience, and technology needed to compete for a greater share of their customers' mortgage business. LenderLive is your mortgage fulfillment partner. For more information, visit http://www.lenderlive.com.

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. 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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Contacts:
Sarah Ross
Communications
Informative Research
714-638-2855, ext 221
sarahr@informativeresearch.com

Kim Starley
Senior VP Business Development
LenderLive Network
800-891-2281
KStarley@lenderlive.com

 


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