Media Advisory: Free Teleconference on New VantageScore (SM) to Discuss Implications for Brokers and Borrowers

Media Advisory: Free Teleconference on New VantageScore (SM) to Discuss Implications for Brokers and Borrowers

Advantage Credit will host a free teleconference with a panel of mortgage industry experts on April 4, 2006.

Pensacola, FL (PRWEB) March 31, 2006 -- What: Advantage Credit, a top-10 mortgage credit reporting reseller, will host a free teleconference for its 18,000 mortgage broker customers and media regarding the announcement of VantageScore (SM), a new credit scoring model introduced unexpectedly two weeks ago by the three credit bureaus.

This event will provide the opportunity for a panel of industry experts to share their opinions on the new score and its possible effects on the mortgage business and consumers. When: The event will take place Tuesday, April 4th from 1 p.m. - 2 p.m. ET / 10 a.m. – 11 a.m. PT

Who: Ron Litt, president of Advantage Credit (formerly SVP at Allied Home Mortgage Capital Corp.) will be hosting and moderating the conference.

Panel Speakers:Representative from ExperianDan Jacobs, president, 1st MetropolitanRob Carter, senior VP of Amstar Mortgage More panel members to be announced

Why: The announcement of the new score by Experian, Equifax and TransUnion raises questions that have implications for everyone in the mortgage business. Many brokers are concerned about the announcement and what it means for their customers. The panel will address the expected level of acceptance into the industry, score consistency issues, pros and cons for borrowers and questions from the listeners via live e-mail.

To register for this free teleconference, call Amber Jackson for at 800-600-2510 ext.2471 or via e-mail at e-mail protected from spam bots.

Special Q & A OpportunityHave questions about VantageScore (SM) for our panel of experts?

Send them in advance to e-mail protected from spam bots.The teleconference capacity is limited so register now.

An audio file will be available online after the teleconference is held.

Advantage Credit: We do moreBackground:

About Advantage CreditAdvantage Credit International is the fifth largest credit reporting agency in the industry and is at theforefront of the fight against mortgage fraud. The company not only provides the easiest-to-read credit reports in the industry but also offers products and resources that save time, lower costs, close more loans and prevent fraud, doing more to aid loan officers. Advantage Credit serves more than 8,000 mortgage brokers and other customers nationwide through its customer-centric order and delivery site, Advantage Online and is a five-time Inc. 500 “Hall of Fame” winner.

Advantage Credit, founded in 1991, is a wholly owned subsidiary of The Adaugeo Group.Contact:Amber JacksonPR ManagerAdvantage Credit InternationalPh: 800-600-2510 ext. 2471