First Lenders Data Gets Into New CUMarket

January 13, 2005, 1:00 a.m. EST 1 Min Read

AUSTIN, Texas - (01/13/05) -- First Lenders Data Inc. said itformed a strategic alliance to provide bundled services to creditunions and other customers of Western Reliance Corp. Under thedeal, First Lenders will provide credit reports, automatedvaluation models, insured valuation models, appraisals, floodcertifications, property reports, lien reports and incomeverification through MorClose, a licensed version of First Lenders'management platform called FirstClose. Western Reliance, based inPortland, Ore., provides collateral protection coverage(forced-placed insurance) through more than 400 credit unionsthrough a partnership with State National Companies.

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