Through Loan Prospector, Credit Data Reporting Services Produces Merged
Credit Reports at the Customer's Request
CHICAGO, May 20 /PRNewswire/ -- Credit Data Reporting Services Inc. of
Kingston, N.Y., a wholly-owned subsidiary of Chicago Title and Trust Co.
(CT&T), will continue to support Freddie Mac Loan Prospector(R) services.
CT&T provides title insurance, escrow and closing services, as well as
property evaluations, traditional appraisals, credit reports and flood
certification products through a network of more than 300 offices and
approximately 3,700 agents nationwide.
"We are excited that Freddie Mac has again named Credit Data Reporting
Services as an approved vendor for Loan Prospector services," said Donald
Juhl, president, Credit Data Reporting Services. "Credit Data has a 56-year
history of commitment to quality and professionalism, and we feel that Freddie
Mac's continued confidence in Credit Data to get the job done affirms our
ability to provide technology driven solutions to today's credit reporting
challenges."
For two years, Freddie Mac has been working with the Credit Reporting
Companies (CRCs) supporting Loan Prospector services to ensure high quality
service and delivery of their products to customers. By providing an optional
function through Loan Prospector, the CRCs can produce their merged credit
reports at the customer's request.
According to Freddie Mac, Credit Data Reporting Services is one of the
five CRCs that will continue to effectively support Loan Prospector's products
and services both today and in the future. Other CRCs that support Loan
Prospector are: CBC Companies, Equifax Mortgage Information Services, Factual
Data Corporation and Strategic Mortgage Services (SMS).
For more information about Loan Prospector services that are available
through Credit Data Reporting Services, contact Maureen Aurigemma at
800-322-3880, ext. 515.
Chicago Title and Trust Co. is the source of real estate services,
providing title insurance, escrow and closing services, as well as appraisal,
credit and flood certification products through a network of more than 300
offices and approximately 3,700 agents nationwide. The Chicago Title and
Trust Family of Title Insurers -- including Chicago Title Insurance Co., Ticor
Title Insurance Co. and Security Union Title Insurance Co. -- together issues
approximately one in every four title insurance policies in the United States
with annual gross revenues in excess of $1.3 billion. CT&T also is the parent
company of National Flood Information Services Inc. of Arlington, Texas;
Credit Data Reporting Services Inc. of Kingston, N.Y.; and Market Intelligence
Inc. of Hopkinton, Mass. Chicago Title and Trust Co. is a wholly-owned
subsidiary of Alleghany Corp. (NYSE: Y).
SOURCE Chicago Title and Trust Co.
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CONTACT: Jean Romano, or Freddie Mac, 703-903-2093, or Stephen Flanagan both of Chicago Title and Trust Co., 312-223-2959
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