CHICAGO, June 11 /PRNewswire/ -- Trans Union and Chicago Title Credit
Services (CTCS) have signed a letter of intent to enter into an affiliation
arrangement through which Trans Union and its affiliates may make credit
reports available to end users of Desktop Underwriter(R) and Desktop
Originator(R).  The two companies will enter into agreements with major
software providers and their users to establish affiliate business
relationships.
    "Over the years we have found the software providers to be innovative and
resourceful in satisfying their users' needs," said Rick Lynch, Vice President
of Resource and Property Management for Trans Union.  "Our strategy to
affiliate with the software providers initially will allow more mortgage
credit reporting companies to participate sooner, bringing the benefits of our
affiliate program to the marketplace sooner."
    Both companies bring tremendous experience in credit reporting and real
estate services," said Mike Keller, Executive Vice President, Chicago Title
and Trust Co., CTCS's parent.  "We're excited about this opportunity to join
together to provide these products to mortgage credit reporting companies."
    Trans Union and CTCS believe that the affiliation arrangement will provide
the best solution available to mortgage credit reporting companies today.
"The program is designed to allow the mortgage credit reporting companies to
keep their current systems and client services the same," said Rick Lynch.
    Among the initial list of software providers to benefit from this
arrangement are CTCS, Factual Data, Credit Systems Design (CSD), Innovative
Software Solutions (ISS), Bourne Software Development Inc., Synergistic
Software Systems, Inc. and Engineered Business Systems, Inc.
    Trans Union is the nation's leading consumer credit information company,
with owned and independent credit bureaus in all 50 states.  The company
provides a broad range of industries with products and services that include
credit reports, risk scoring models, target marketing systems, pre-employment
evaluation reports, skip tracing and search tools, customized lists,
transaction services; products that service both home equity and first
mortgage lenders; as well as other information based products.  Trans Union
also offers similar products through its international operations in Puerto
Rico, the U.S. Virgin Islands, Canada, Italy, Mexico and South Africa.
Offices have also recently opened in Chile, Kenya and Peru.
    Chicago Title Credit Services Inc. (CTCS), based in Kingston, N.Y., is a
subsidiary of Chicago Title and Trust Co., a leading national provider of
title insurance and real estate services including credit information,
property valuation, field services, flood compliance and default management
products.  CTCS is a multidimensional company that has been a leader in the
creation and development of credit lending services.  CTCS offers a
state-of-the-art proprietary system that can receive and order; obtain, edit
and merge credit information and report back to the lending institution in a
matter of seconds.
    Desktop Underwriter and Desktop Originator are registered trademarks of
Fannie Mae.

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