Chase Enhances Home Financing Web Site With SchoolMatch Data.Business Editors EDISON, N.J.--(BUSINESS WIRE)--April 5, 2000 Chase Manhattan Mortgage Corporation, the nation's largest residential mortgage provider and a subsidiary of The Chase Manhattan Corporation The Chase Manhattan Corporation was a bank holding company formed as parent of the Chase Manhattan Bank. During its time as the parent company, it was led in succession by David Rockefeller, Willard C. Butcher, and Thomas G. Labrecque. (NYSE NYSE See: New York Stock Exchange :CMB Noun 1. CMB - (cosmology) the cooled remnant of the hot big bang that fills the entire universe and can be observed today with an average temperature of about 2. ), and SchoolMatch(R), the nation's premier school data provider, announced today that SchoolMatch's information on public elementary and secondary schools is available to parents and home buyers via the Chase Home Finance Center Web site. SchoolMatch research indicates a positive correlation Noun 1. positive correlation - a correlation in which large values of one variable are associated with large values of the other and small with small; the correlation coefficient is between 0 and +1 direct correlation between K-12 school quality and property values. School quality and stability are widely acknowledged as one of the main factors in making a home purchase decision. By supplying school information online, Chase will be providing home buyers with an invaluable resource at a critical time in the home buying process. The Chase Home Finance Center (http://www.chase.com/homefinance) will offer SchoolMatch basic information on public school systems free of charge, including address, number of students, number of teachers, and contact names. Visitors to the site will also be able to purchase information online from SchoolMatch: "SnapShots," brief one-page summaries of school district statistics such as per-pupil expenditures and the education levels of school system residents; and SchoolMatch "Report Cards," which include public and private school and school system information including enrollment numbers, class sizes, awards received, accreditation, and more. Customers submitting orders online will receive these school reports immediately. "Our new relationship with SchoolMatch is another way we are helping our customers make fully informed decisions about their home purchase at the right time in their home buying process. We are continuously enhancing our Internet presence to simplify and enrich the customer experience throughout each stage of the home life cycle - from shopping for a home, to buying a home, to owning a home and living in a community. Chase is committed to providing valuable content, essential tools, personal attention and excellent service," said Jessica Mashkevich, E-Commerce Product Manager, CMMC CMMC Central Manchester and Manchester Children's University Hospitals CMMC Chase Manhattan Mortgage Corporation CMMC Corps Materiel Management Center CMMC CONUS MILNET Monitoring Center CMMC COMSEC Materiel Management Center . The Chase Home Finance Center plans future enhancements such as home listings, online mortgage approval, loan status information, and other home-related content. "SchoolMatch is the only school information provider on the web that employs credentialed, experienced, and seasoned educational researchers to compile and audit school data," said William L. Bainbridge, PhD, the organization's President. "We have more than 30 professionals with doctorates in educational research or related fields and experience in tests and measurements, school finance, accreditation, and collecting and analyzing school data. Nearly 800 Audits of Educational Effectiveness have been conducted by SchoolMatch staff on site in US school systems." About Chase Manhattan Chase Manhattan Mortgage is a subsidiary of the The Chase Manhattan Corporation (NYSE: CMB). The Chase Manhattan Corporation (www.chase.com) is a premier global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm with assets in excess of $400 billion. Chase combines the best of commercial and investment banking, offers world-class information and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. services, and has a leading U.S. consumer franchise that serves 32 million customers. Through its newly formed business unit Chase.com, Chase is successfully creating innovative business models for the New Economy. Chase, with offices in more than 45 countries, has a presence in all of the principal financial centers around the world. Chase Manhattan Mortgage Corp., headquartered in Edison, N. J., is the country's largest residential mortgage originator and servicer. Chase Manhattan Mortgage's Web site is located at www.chase.com/homefinance About SchoolMatch SchoolMatch is an educational research and database service firm that specializes in rating schools (K-12) using auditable data. School districts are ranked in a national percentile percentile, n the number in a frequency distribution below which a certain percentage of fees will fall. E.g., the ninetieth percentile is the number that divides the distribution of fees into the lower 90% and the upper 10%, or that fee level format, making it possible for comparisons by parent and corporation, Realtor and homebuyer. SchoolMatch consultants provide personalized services in the areas of school choice, counseling services for exceptional children, expert legal services legal services n. the work performed by a lawyer for a client. , comparable school evaluation, and child custody The care, control, and maintenance of a child, which a court may award to one of the parents following a Divorce or separation proceeding. Under most circumstances, state laws provide that biological parents make all decisions that are involved in rearing their assessment. Services to the corporate client include relocation data, recruitment, WorkLife benefit programs, human resource tools, site selection, school-business partnership audits, and school market research. In addition to Chase Manhattan Mortgage, SchoolMatch has alliances with other nationally prominent firms such as MicroSoft, PricewaterhouseCoopers, CyberHomes, NearMy Home, parents.com and Lexis-Nexis. Clients include Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , UPS, Arthur Anderson Arthur Anderson may refer to:
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