CRIF Lending Solutions Signs New Deals with Credit Union and Banking Clients

Atlanta, USA, 03/03/2011

“CRIF Lending Solutions provides the most comprehensive portfolio of loan origination, financial analytics technology, and outsourced services on the market today,” said Ken Chambers, Lending Manager of Texas Partners Federal Credit Union. “The company’s offerings are helping to boost the success of our credit union and we look forward to working with CRIF to find news ways to expand our lending products and services in the coming years.”

Over 520 of the nation’s top financial institutions and lending organizations now rely on loan origination technology, outsourced loan processing services, and analytics solutions offered by CRIF. Key product and service offerings include:

• Loan Origination – From highly configurable, customizable loan origination systems to ‘plug and play’ lending solutions, APPRO, Magnum and Teres cover the spectrum. Hundreds of financial institutions and lending organizations around the country depend on these products from CRIF Lending Solutions for their lending automation and loan origination needs.
• Outsourced Loan Processing Services – Financial institutions throughout the United States rely on the CRIF Lending Solutions brands Aimbridge and FLS Services to provide outsourced loan processing services, including turn-key individual and aggregated lending programs, document image management, market consultation, dealer management, and custom-branded online auto shopping and financing portals.
• Analytics – The nation’s largest financial institutions and credit card processors rely on the data aggregation and automated decision technologies offered by Magnum. These leading technologies in concert with the expertise of CRIF’s scorecard development and business process re-engineering services result in a one-stop comprehensive analytics solution.

“As the CRIF Lending Solutions family continues to expand, we have become an invaluable partner in helping financial institutions succeed in this highly competitive marketplace,” said Larry Howell, Chairman of CRIF Lending Solutions. “Our portfolio of application origination software and services can help financial institutions of any size grow loan volume and deposit accounts, while increasing efficiencies.”