ChoicePoint’s MARI Announces MIDEX® 2.5
RESTON, Va.– 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.
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