The Credit Network Announces Its Selection By Pulte Mortgage To Provide Credit Reporting Services at 2003 MBA Technology in Mortgage Banking Conference and Expo.Business Editors 2003 MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration Technology in Mortgage Banking Conference and Expo ORLANDO, Fla.--(BUSINESS WIRE)--March 10, 2003 The Credit Network (TCN TCN Tetracycline TCN transparent content negotiation TCN Third Country National(s) TCN Topology Change Notification TCN Transportation Control Number TCN Train Communication Network TCN Transaction Control Number ), a national mortgage credit reporting service provider, announced today the company was selected to provide credit reporting services to Pulte Mortgage, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (Englewood, Colo.), the residential mortgage lending division of Pulte Homes Pulte Homes, Inc (NYSE: PHM) is a Bloomfield Hills, MI based company founded by Bill Pulte. Pulte is the third largest (by units) builder of homes and residential community developers in the United States according to Builder Magazine's"Builder 100", and is the nation's , Inc., one of the nation's largest homebuilders. Pulte Mortgage selected TCN after developing a profile of their company's needs and researching several of the nation's most prominent credit report service providers. "Technology and customer service were the significant issues we considered when selecting a credit reporting service provider," said Lori Goetz, senior project manager at Pulte Mortgage. "We chose TCN because they were highly recommended, submitted a very thorough RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system. 1. (business) RFP - Request for Proposal. 2. and had the best combination of the latest technology and good customer service." Key elements of TCN's services that received praise from Pulte Mortgage executives include the easy-to-read format of the credit reports, the ease with which TCN's technology could be integrated with existing software programs and the company's application service provider (ASP) model for mortgage credit reports, which eliminates the need for software upgrades and enables Pulte Mortgage's staff to directly access credit reports and investigative services online. TCN's customized electronic credit system interfaces with many leading loan origination 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. systems providers for automated loan origination and tracking system users. These programs provide access to a complete array of mortgage credit products including Merged In-file Credit Reports for pre-qualification and low documentation loan programs, Residential Mortgage Credit Reports and Business Credit Reports. International and 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 credit reports are also available. "Companies like Pulte Mortgage want credit reporting systems to be technologically advanced yet easy to read," said Cheryl Kenney, executive vice president of The Credit Network. "The technology Pulte Mortgage recently adopted is the latest, most cost-effective technology available and will enable the company to serve their staff and clients better and make themselves more competitive." About Pulte Mortgage Based in Englewood, Colo., Pulte Mortgage, LLC is a nationwide lender committed to meeting the financing needs of homebuyers. Pulte Mortgage is a wholly-owned subsidiary of Pulte Homes, Inc. (NYSE NYSE See: New York Stock Exchange : PHM), which has operations in 44 markets across the United States. For more information, visit www.pulte.com. About The Credit Network With more than 600 clients nationally, The Credit Network has been serving the needs of credit grantors and mortgage lenders since 1926. Their clients include Principal Residential Mortgage Corp., CTX CTX Context (Management; Tandem) CTX Centex Corporation (stock symbol) CTX Centrex CTX Cyclophosphamide CTX Corporate Trade Exchange CTX Cytoxan CTX Cholera Toxin CTX Clinical Trial Exemption Mortgage Co., National City Mortgage, and Quicken Loans. The Credit Network specializes in the delivery of credit information and related services to the residential and equity lending industry through customized interface programs and links to more than 20 mortgage loan origination and tracking systems. For more information about The Credit Network, visit the company's Web site at www.tcnlink.com. |
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