ChoicePoint's MARI Announces MIDEX® 2.5
RESTON, Va. - May 18, 2007 - Mortgage Asset Research Institute (MARI®), a service of ChoicePoint® (NYSE: CPS), today announced the introduction of a new generation of its Mortgage Industry Data Exchange (MIDEX) database.
The newly designed MIDEX 2.5 interface offers more intuitive features and better performance for users that access the database. MARI has improved the delivery of public, non-public and licensing information about mortgage professionals and companies. Improved search processes and matching logic enable quicker responses and more relevant results, saving time and effort. Reducing exposure to unscrupulous businesspersons in the industry need not be a complex process - MIDEX 2.5 delivers relevant data powered by enhanced technology and software.
"MIDEX 2.5 is just the first of several innovative risk management solutions on the horizon," said Merle Sharick, MARI vice president and national manager of business development. "Fraud is constantly evolving and becoming more difficult to detect. We're serving up a stronger, faster and easier weapon that will help our customers detect and monitor fraudsters."
MIDEX 2.5 will be previewed at the Mortgage Bankers Association's National Secondary Market Conference & Expo 2007, the largest annual gathering in the nation for secondary market executives, to be held May 20-23 in New York. MIDEX is a risk-management database service used by the mortgage and financial services industries for quality control investigations and to perform background checks on individuals and companies with whom they have current or pending business relationships, including mortgage brokers, lenders, loan officers, appraisers, real estate agents and securities agents.
MIDEX is endorsed by Mortgage Bankers Association, the national trade association representing the real estate finance industry.
MARI is a premier provider of mortgage fraud prevention solutions and information services to the mortgage and financial services industries. For more information, visit www.mari-inc.com.
About ChoicePoint
ChoicePoint (NYSE: CPS) provides businesses, government agencies and non-profit organizations with technology, software, information and marketing services to help manage economic and physical risks as well as identify business opportunities. Each year, we help more than 100 million people who are seeking to obtain jobs, fairly priced home and auto insurance, and who wish to rent apartments. Our authentication and anti-fraud tools improve efficiency and instill confidence in the decision-making process for our customers and consumers. Consumers have free access to the reports we create at www.choicetrust.com. Learn what we do to protect consumer privacy by visiting www.PrivacyatChoicePoint.com and, for more information on our company, go to www.choicepoint.com.
ChoicePoint, Mortgage Asset Research Institute (MARI), MIDEX and the ChoicePoint logo are registered trademarks of ChoicePoint Asset Company.
