PRUSSEL NAMED TO EASTERN SVP SPOT AT INFORMATIVE RESEARCH

GARDEN GROVE, Calif. – March 14th, 2008 – Jon Prussel, a former Sales Manager for Bear Stearns, has been named to the position of Senior Vice President of National Sales at Informative Research.

In his new role, Prussel will help the Garden Grove, Calif.-based credit information provider expand its sales and market presence in the Eastern half of the U.S., from the Mississippi to the Eastern Seaboard. He will recruit, train and develop a team of senior level account executives, and introduce the company’s credit and mortgage-related products and services to thousands of lending professionals throughout his region.

Describing Prussel’s hiring as a “major win for the company,” Informative Research President and COO Bill DuFour added that the new SVP’s extensive experience in mortgage banking will yield long-term benefits for the company’s credit customers, as well.

“Jon’s record of success with large lending institutions, coupled with his deep industry knowledge, will enable him to act as a consultative professional to the originator,” DuFour said. “He is uniquely qualified to help customers use our credit information to make their business more profitable.”

To help Informative Research realize its financial objectives for 2008, Prussel will concentrate on strategic accounts, including banks, correspondent lenders and credit unions. Working from the company’s Garden Grove headquarters, he will orchestrate campaigns to increase sales of its products and services, which range from credit reports (in standard and reverse mortgage formats), credit simulation and rescoring tools to tradeline verifications and automated property valuations.

Prior to joining Informative Research, Prussel served in a variety of sales and account management roles with mortgage lending corporations in California and Arizona. Most recently, he served as Area Sales Manager for Bear Stearns, where he built a team of account executives that consistently ranked among the top 2 in the nation.
 

About Informative Research
Informative Research, founded in 1946, is a leading provider of credit and mortgage-related information to the lending community. The company offers credit reporting services, credit rescoring programs and flood determination products, as well as connectivity to a growing list of primary and secondary market lending channels. Based in Garden Grove, Calif., Informative Research continually develops new technologies and cultivates industry relationships that enable customers to minimize risk, expedite the loan process and increase profitability. For more information, visit http://www.informativeresearch.com.

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