Skip to main content

CIS Acquires Alliance 2020 Mortgage Unit

Phil Hall
Nov 04, 2019
CIS Credit Solutions (CIS), a credit reporting agency serving the mortgage industry, has acquired the Mortgage Solutions Business of Alliance 2020 Inc.

CIS Credit Solutions (CIS), a credit reporting agency serving the mortgage industry, has acquired the Mortgage Solutions Business of Alliance 2020 Inc.
 
CIS Credit Solutions (CIS), a credit reporting agency serving the mortgage industry, has acquired the Mortgage Solutions Business of Alliance 2020 Inc.The terms of the acquisition were not disclosed. Renton, Wash.-headquartered Alliance 2020 will continue to own and operate its non-mortgage businesses including its core background and tenant screening business.
 
“CIS is thrilled to partner with the Mortgage Solutions Business of Alliance 2020, its long-term customers and its valued employees,” said Perry Steiner, chairman of New York City-based CIS. “CIS is a leader in providing services to mortgage originators, and we look forward to working with the expanded client base and continuing the great work of Alliance 2020 in our industry.” 
 
Bradley J. Faulkes, chief executive officer of Alliance 2020, said: “Alliance 2020 has been in the credit reporting industry for over 20 years and we worked hard to find the right partner for our customers and employees. The transaction with CIS also allows Alliance 2020 to put its full focus on its core background and tenant screening business.”

 
Published
Nov 04, 2019
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Tech
Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022