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Industry News

LandSafe Announces Availability of Wireless Credit Services

September 23, 2002

PLANO, Texas, /PRNewswire/ -- LandSafe, Inc., a provider of real estate information and closing services, today announced the national availability of LandSafe Mobile Credit Solutions(TM), the mortgage industry's first direct delivery of credit scores and reports from all three major credit repositories to data-enabled cellular phones and wireless personal digital assistants

"LandSafe Mobile Credit Solutions provides real-time, anytime, anywhere access to securely encrypted credit information," said D. Steve Boland, president and chief operating officer of LandSafe Credit Services, Inc. "This new service opens up an entirely new set of business opportunities for mortgage brokers and lenders, enabling them to pursue additional loan originations in the marketplace without being tied to a desk."

The service, first demonstrated in June at the National Association of Mortgage Brokers annual convention in Cleveland, is now available to mortgage brokers and Realtors across the nation. Priced at only $7.95 a month for wireless access to LandSafe Credit, the service delivers a full range of credit products and services at normal low rates to subscribers via a variety of wireless devices ranging from sophisticated PDAs to cell phones.

"The announcement and availability of our wireless credit services is not only a first for the residential mortgage business, it is a significant development for LandSafe in terms of our expanding role in the industry," said Michael Faine, managing director, president and chief operating officer for LandSafe, Inc. "It represents LandSafe's ability to apply our leading technology and products to the emerging needs of brokers and lenders throughout the industry, in addition to meeting conventional industry demand with our current high-value, cost-efficient product line."

Source: LandSafe, Inc.



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