BOSTON, MASS.
Oct. 1st,
2004
- PCi Corporation (PCi), the leading
provider of enterprise compliance solutions, today announced a partnership with
Verification Bureau, a fraud prevention solution provider.
The partnership allows the two companies to provide an integrated income
verification and compliance solution for lending institutions.
This partnership enables lending institutions to combine
PCi’s HDMA management, manage anti-predatory lending compliance, request flood determinations
capabilities with Verification Bureau’s 4506 processing offering, IRSRecords.
“We are excited to enter a partnership with the premier
vendor of lending compliance solutions,” stated
Juan Carlos Perdomo
, Director of Sales & Marketing. “Our existing clients will benefit from our
tight integration with PCi’s compliance solutions, and by broadening our product
offering, we expand our market presence.”
“By partnering with Verification Bureau, PCi takes a step
closer to reaching our goal of offering the most comprehensive set of lending compliance
solutions in the marketplace,” commented Jason Hammond, Director of Business Development,
PCi. “Automated tax and W2 Verification capabilities are of great interest to PCi’s
customer base, and we are pleased to offer them the premier solution in this area.”
About Verification Bureau
Verification Bureau is the coalition of Tax Verification
Bureau and Oversis LLC, two companies specialized in mortgage fraud prevention
services for the financial industry.
Over 500 clients and 12,000 users nationally benefit from their custom fraud prevention and
verification solutions, IDFraudScan, IRSRecords, 1003AppScan, PROVASiS, PreQualita,
and PreQualita Plus. For more information about Verification
Bureau, visit their website at
www.verificationbureau.com
or contact the Sales department at 786-777-0316.
About PCi
PCi Corporation is the industry choice for institutions
seeking to keep lending in compliance with both regulatory and internal business
standards. Over 2000 institutions, including 93 of the top 100 lenders, rely on
PCi's software and professional services to monitor, detect, analyze, and resolve
compliance demands throughout the entire lending process. Compliance expertise,
acquired during more than ten years of operating success, positions PCi to help
lenders produce compliance-certified loans that minimize risk, identify lending
opportunities, add value to portfolios, and serve the needs of their communities.
PCi is based in Boston, MA.