Secure Settlements, Inc. (SSI) announced that it has concluded a strategic joint venture agreement with CIS Information Services (CIS), a credit reporting and business risk assessment firm to streamline and enhance the SSI’s suite of vendor management and risk monitoring products and services.
“We are excited to partner with CIS, as they are recognized as a national leader in delivering services and solutions for business success," said SSI President Andrew Liput. "Their credit and marketing tools provide lenders with resources that complement the SSI product line and support both our company’s goals to help lenders improve overall loan quality assurance through greater risk management. We are proud to be their partner in that endeavor and look forward to a long and mutually beneficial relationship.”
CIS will provide technology integration and access to critical public data to improve the SSI risk reports and will also offer the SSI suite of mortgage industry data intelligence products to its existing client base of more than 2,000 businesses nationwide.
“We are delighted to work with SSI and are extremely impressed with the complexity and functionality of their settlement agent risk management tools," said Nancy Fedich, CEO of CIS. "Closing Guard is simply the best response to third party vendor management we have ever seen. We expect to work closely with SSI to enhance Closing Guard and Vendor Check through an integration of assets and technology bridges. Our national sales staff will also be offering these tools as additions to our own products. It is a win-win for both companies.”