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CIBMS Acquires Rhode Island Credit Partners (RICP)

On December 1, 2003, Credit Information Bureau (CIB) reached an agreement to acquire Rhode Island Credit Partners, Inc. (RICP) mortgage credit reporting business.

RICP, based in Providence, has been servicing the mortgage brokerage and banking clients throughout Southern New England for over 15 years.

This acquisition enables us to expand our customer base within our existing markets and solidifies CIB's position as the dominant local Mortgage Credit Reporting Company, while reinforcing our commitment to the marketplace. CIBMS welcomes all RICP customers and is committed to making the transition transparent and seamless.

All operations including marketing, technical support, and customer service will continue to be handled locally. In addition, RICP's Customer Service Manager Elaine Alsfeld has accepted a position within CIB's operation center in Warwick, Rhode Island.

According to RICP's President, William Erklauer, "the acquisition ensures that our customers will have the highest possible level of personal and technical support provided to them by a well-known and respected local company."

Since opening in 1985, CIBMS has provided our customers with the latest technological innovations available. We employ our own staff of programmers who have developed and maintain our state-of-the-art data center. In addition, CIB's technology platform is one of only twelve directly connected credit vendors in the entire country available on Fannie Mae's Desktop Underwriter & Desktop Originator systems.

 

 


 

CIBMS Acquires Rhode Island Credit Partners (RICP)

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