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INFO1 Partners with Transamerica Flood Hazard Certification to Offer Industry-Leading Determinations.


Business Editors

ATLANTA--(BUSINESS WIRE)--Jan. 6, 2003

Leading credit reporting and flood certification companies sign

reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers.  agreement

INFO1 Holding Company, Inc. (INFO1), an information technology company and national provider of credit information for the mortgage industry, announced a strategic business alliance with Transamerica Flood Hazard Certification (TFHC TFHC Tennessee Fair Housing Council
TFHC Tin Foil Hat Club
), one of the nation's largest flood zone determination companies, to resell its industry-leading flood determination services.

INFO1 became the only credit reporting firm licensed to resell TFHC products during the company's 25th anniversary, which celebrates the organization credited with founding the flood certification industry. TFHC now offers eFlood, the Internet-based flood system with account management functions that allows its users fast and accurate access to flood zone determination information.

"The flood determination industry hinges Hinges may refer to:
  • Plural form of hinge, a mechanical device that connects two solid objects, allowing a rotation between them.
  • Hinges, a commune of the Pas-de-Calais département, in northern France
 on speed and accuracy, and our success is based on delivering both while leveraging the relationships we have cultivated," said Thomas P. Della Torre The Della Torre (or Torriani, Italian for "Of the Tower") were an Italian noble family who rose to prominence in Lombardy during the 12th-14th centuries, until they held the seigniory of Milan before being ousted by the Visconti. , president and COO of TFHC. "Under strategic direction, we are targeting the small to mid-sized lending market, which is already a part of INFO1's well-developed relationship network. Leveraging INFO1's access to those lenders will assist us greatly in reaching that market."

The TFHC database contains more than 110 million properties, enabling an 86 percent instant hit rate, among the highest in the industry. Additionally, because it maintains the largest in-house library of tax maps in existence, TFHC has the fastest response rate for determinations requiring hand-mapping (manuals). More than 93 percent of all inquiries are completed and returned in less than one hour.

"The TFHC relationship expands INFO1's product offering and customer relationships, while enabling us to sell arguably ar·gu·a·ble  
adj.
1. Open to argument: an arguable question, still unresolved.

2. That can be argued plausibly; defensible in argument: three arguable points of law.
 the best flood product on the market," said Ken Goins, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of INFO1. "We are very proud to partner with TFHC and we will leverage our relationships in mortgage lending to maximize the results of our alliance."

INFO1 will also offer other Transamerica Flood services, including audits of the flood hazard status for portfolios of existing loans.

About Transamerica Flood

Transamerica Flood Hazard Certification, Inc. was founded in 1977 as Flood Hazard Certification, Inc. (FHCI FHCI Florida Hospital Cancer Institute (Florida)
FHCI Forest Heights Collegiate Institute (Kitchener, Ontario, Canada)
FHCI Forest Hill Collegiate Institute (Toronto, Canada) 
) and was acquired in 1990 by Transamerica Corporation Transamerica Corporation is a holding company for various life insurance companies and investment firms doing business primarily in the United States.

Transamerica began as a holding company controlled by A. P.
, Transamerica Flood is a unit of Transamerica Finance Corporation, one of the world's leading 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.
 organizations. Transamerica Flood created the flood map/tax map methodology that remains today the only sure way to produce consistently accurate flood determinations. Among many additional innovations, Transamerica Flood introduced Life-of-Loan, electronic ordering, and was the first to provide written guarantees.

For more information, write Transamerica Flood Hazard Certification, Inc. 777 Terrace Avenue, 4th Floor, Hasbrouck Heights Hasbrouck Heights (hăz`brk), borough (1990 pop. 11,488), Bergen co., NE N.J., a residential suburb adjoining Hackensack; settled c.1685, inc. 1894. , NJ 07604-3114, call 800.247.3384 or visit the company on the Web at www.TransamericaFinance.com/tfhc.

About INFO1

INFO1 Holding Company, Inc., an information technology company, is one of the four largest credit information providers to the mortgage industry. The company provides credit information and other related services including flood certifications, fraud detection, tax return verifications and business reports to mortgage and banking clients throughout the country. The company is known for its industry leading technology, and through its nationwide processing centers, has earned a reputation for excellent customer service. INFO1 uses advanced electronic data exchange in XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
, X12 and other standard and proprietary formats over secure Internet and Private Wide Area Network connections.

For more information on INFO1's products and services, contact Ken Goins at 6010 Dawson Blvd., Norcross, GA 30093, kgoins@info1team.com or 770.416.6877. Please visit INFO1 on the Web at www.info1credit.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 6, 2003
Words:572
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