OFHEO: New U.S. monthly housing price index estimates 0.6 percent increase between Januaury and Februaury

Provident Funding joins Informative ResearchMortgagePress.comcredit re-issue, credit reporting agencies, automated underwriting system To broaden credit re-issue capabilities and reach an expanded audience of originators, Provident Funding has joined forces with mortgage credit information provider Informative Research. Provident Funding recently added its name to the list of lenders participating in the Informative Research Affiliate Program. This program, launched in 2006, links lenders with credit reporting agencies and automated underwriting system/loan origination system technology providers. It streamlines the common practice of re-issuing mortgage credit information by creating a "network" of subscribers with standards of safety and accuracy. The addition of Provident Funding to the Informative Research Affiliate Program enables originators who use subscriber credit reporting agencies to access Provident loan programs and rates. Since it facilitates the re-issue of credit information, the arrangement will also help originators protect and preserve their borrower's credit scores. Garden Grove, Calif.-based Informative Research is a provider of credit and mortgage-related information to the lending community. For more information, call (800) 473-4633 or visit www.informativeresearch.com. Burlingame, Calif.-based Provident Funding is a residential mortgage lender. For more information, call (888) 547-4050 or visit www.providentfunding.com.