Monday, March 24, 2008

Data Warehouse Creates New Opportunity for Mortgage Lenders Following FHA's Increase in Funding Limits

Leading mortgage information services supplier offerings database of five
million householders countrywide who now measure up for lower-rate Federal Housing Administration loans. BOCA RATON, Fla., March 24 /PRNewswire/ -- Data Warehouse, a TRANZACT
company and prima supplier of selling information solutions to the
mortgage and fiscal industries, today announced that it have created a
new and alone chance for mortgage loaners to increase funded loan
volume. This chance come ups on the heels of the Federal Soldier Housing
Administration's (FHA) determination to raise the mortgage bounds nationwide, up
to a upper limit of $729,750 in high-cost counties. The new bounds aid borrowers in high-priced housing countries with current
high-rate elephantine mortgages to measure up for lower-rate loans. Data Warehouse
has developed a database of more than than five million householders nationwide
who now measure up for lower-rate Federal Housing Administration loans. "Homeowners previously with elephantine loans have got emerged as the hottest
prospects for refinance loans in today's ambitious loaning environment,"
said Ben Waldshan, laminitis of Data Warehouse and Executive Frailty President
with TRANZACT. "These householders had limited contact with loaners in the
past owed to a scarceness of loaning options. The big loan size and
attractive borders on government-backed loans now do this a highly
profitable grouping for loaners to target." "The recent addition in support bounds compares to a tremendous
opportunity for mortgage lenders, and Data Warehouse stand ups ready with FHA
prospects we've identified to be qualified, motivated candidates,"
continued Waldshan. Data Warehouse multi-sources populace records, demographic, and credit
data combined with leading-edge machine-controlled evaluation theoretical accounts and proprietary
processes to make customized prospecting lists. As a result, loaners can
help clients that are now able to seek refinancing into an Federal Housing Administration loan. Data Warehouse is a wholly owned subordinate of TRANZACT which was
recently purchased for $185 million by Veronis Suhler Stevenson, a leading
private equity house in the media, information, selling services and
education industries. TRANZACT direction have built a highly differentiated
business theoretical account in the selling solutions industry and is considered the
pioneer in the emerging sector of outsourced client acquisition solutions
for Luck 1000 brands. About Data Warehouse Corporation Founded in 1997 and headquartered in Boca Raton, Florida, Data
Warehouse have grown into the nation's prima marketplace information services
company serving the mortgage and fiscal services industries. Data
Warehouse licences and congeries public record and recognition information on 72
million householders in the United States, selling targeted prospect lists
and analytical services to a diverse grouping of mortgage brokers, bankers,
and fiscal service companies nationwide. Data Warehouse have serviced
more than 15,000 clients since its inception. Additional information about
Data Warehouse can be establish at . About TRANZACT Based in Garrison Lee, New Jersey, TRANZACT is the leader in providing
end-to- end technology-driven client acquisition solutions to the
financial services and mass media and telecommunications sectors. TRANZACT
leverages and integrates sophisticated digital, data, and direct marketing
solutions to present qualified leads, fully provisioned sales, and robust
customer direction systems to trade names seeking to get and pull off large
numbers of customers. Additional information about TRANZACT can be establish at
. About Veronis Suhler Stevenson Veronis Suhler Robert Louis Stevenson (VSS) is a private equity house that invests
buyout and structured working capital finances in the media, information, marketing
services and instruction industries in North United States and Europe. VSS provides
capital for buyouts, recapitalizations, growing financings, and strategic
acquisitions to companies and direction squads with a end to build
companies both organically and through a focused add-on acquisition
program. To date, VSS equity and structured working capital finances have got got invested in
more than 59 platform companies which have, in turn, completed more than than than
245 add-on acquisitions resulting in a portfolio with realized and
unrealized endeavor values in extra of $12 billion. Additional
information about Veronis Suhler Robert Louis Stevenson can be establish at
.

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