Informative Research, a mortgage credit reporting company based in Garden Grove, Calif., has announced the formation of a technology-based partnership with IndyMac Bank.The partnership makes it easier to order credit reports from Informative Research via QuickPricer and e-MITS (electronic mortgage information and transaction system), IndyMac's proprietary online loan prequalification, pricing, and decisioning technology, Informative Research said. "This new functionality allows brokers to order or reissue Informative Research credit reports directly through QuickPricer and e-MITS for faster and more efficient loan processing," said Ondar Tarlow, vice president/director of Mortgage Bank Marketing at IndyMac. "e-MITS allows the user to submit loan application data and receive an online decision and pricing in less than a minute." The companies can be found online at http://www.informativeresearch.com and http://www.indymacb2b.com.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
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Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
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