CredStar to Re-Sell Report from Sister Company

CredStar, a credit information provider for credit unions and the mortgage lenders, has been cleared to sell to its customer base the Encore report from First American Credco. Encore, CredStar said, is a consumer reporting solution that delivers Fair Credit Reporting Act-compliant risk analysis for critical elements of the mortgage application and servicing processes. CredStar is also part of the First American family. Encore gives users a "decisionable" view of the consumer and lending transaction, including applicant credit risk, identity verification, applicant income and employment verification, subject property and market data. Encore searches public, private and proprietary data sources covering 99% of the population, over 100 million active loans and more than 600 million consumer data records. A customizable rules-based analysis of the data is provided, along with recommended actions.