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January 27, 2010

FLDI Enters Into Strategic Alliance With Equifax

First Lenders Data (FLDI), a Texas-based provider of aggregated mortgage settlement services to the mortgage lending industry and Equifax have formed a strategic alliance to provide Equifax’s APPRO loan and account origination solution customers with multiple mortgage closing products and services through APPRO’s loan origination system.

By CBR Staff Writer

The services include flood zone certifications, automated valuations (AVM’s), appraisals, gap valuation, title and property reports, alternative title products and a host of other real estate settlement services.

The FLDI platform enables lenders to integrate with legacy and existing front-end loan origination systems to use as a single point of contact. FLDI offers customers a variety of nationwide mortgage service options, including credit reports, flood certifications, AVMs, appraisals including full, desktop and drive-by valuations, title reports, title insurance, closing and recording services, in one online central dashboard.

Barbara Lasseigne, director of product management at APPRO Systems, said: “We selected FLDI for settlement services technology because of their ability to aggregate service providers into one convenient online solution. Instead of creating multiple interfaces with each settlement service provider, we now have the ability to tap into these service providers through one convenient interface.

FLDI has aligned itself with the ‘best of breed’ service providers and we are confident that our customers will be excited about this latest enhancement to APPRO’s loan origination system.”

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