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Advantage Credit Chosen as Premier Credit Report Provider for Allied's LOAN EZ System.


Business Editors

PENSACOLA, Fla.--(BUSINESS WIRE)--Nov. 20, 2002

Advantage Credit has been selected as Allied Capital Mortgage Corp.'s premier corporate credit provider in Allied's LOAN EZ vendor web portal See portal. .

Allied unveiled LOAN EZ 2.0, with Advantage Credit's embedded interface, at its September conference in Houston. The interface offers seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation.  to Advantage Credit's online system and allows Allied brokers to order, view and print credit reports, and then auto populate To plug in chips or components into a printed circuit board. A fully populated board is one that contains all the devices it can hold.  1003 fields through LOAN EZ. Credit report upgrades, online customer service requests, and Spanish credit reports can also be accessed through the interface, as can other services from Advantage Credit, like leads, AVMs and fraud detection products.

LOAN EZ gives Allied employees, originators and processors the ability to submit loans to several automated underwriting engines, and to order appraisals, credit reports, loan documents and perform pipeline management from a single intranet web portal. It saves brokers time and helps them avoid logging in A colloquial term for the process of making the initial record of the names of individuals who have been brought to the police station upon their arrest.

The process of logging in is also called booking.
 to multiple vendor systems for their loan originating services.

"We're happy to have Advantage in LOAN EZ," said Ron Litt, Executive Vice President at Allied. "Advantage is one of our key vendors because they bring strong technology and service resources to the table," he said.

"LOAN EZ is one of many joint projects with Allied to benefit both companies," said Lance Forchilli, Vice President of Business Development at Advantage Credit. "Another focus is fraud detection. Our goal is to tie in with customers and their vendors to improve processes and workflow."

About Advantage Credit

Founded in 1991, Advantage Credit is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Advantage Plaza, Inc., and a 4-time Inc 500 winner located in Pensacola, Florida
This article is about the mainland city Pensacola. For the nearby beachside community, see Pensacola Beach, Florida. For other Pensacola-related articles, see: Pensacola (disambiguation).
. The company provides credit reporting services to mortgage brokers and lenders. For more information on the LOAN EZ interface or on any Advantage Credit product or service, contact Advantage Credit at 800/600-2510, or email info@advantagecredit.com, or visit http://www.advantagecredit.com.

About Allied

Allied Home Mortgage Capital Corporation, also founded in 1991, has grown rapidly into the largest branch network company in the U.S. In 2001, Allied funded $9 billion in residential mortgages, making it the top mortgage broker in the U.S., according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a survey completed by Broker Magazine. Allied has more than 700 branch locations and is affiliated with more than 800 investors. For more information about the company, visit Allied's websites at http://www.branchasap.com, http://www.mortgageasap.com and its new Spanish language Spanish language, member of the Romance group of the Italic subfamily of the Indo-European family of languages (see Romance languages). The official language of Spain and 19 Latin American nations, Spanish is spoken as a first language by about 330 million persons  site, http://www.Prestamopronto.net, or call 713/353-0400.
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Publication:Business Wire
Date:Nov 20, 2002
Words:416
Previous Article:A.M. Best Places Rating of Allianz and Its Core Subsidiaries Under Review.
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