MANDATORY COMPLIANCE FOR TRANSUNION

 

TransUnion Compliance requires that we have a signed, short Letter of Intent (LOI) in your file.  Below is wording that we feel will be sufficient to meet this requirement.  Feel free to make any changes you want but it must contain why your business meets the “permissible purpose” standards to pull credit reports and an estimate of your average monthly orders from Credit Bureau Services, Inc.  

 

SO, ON YOUR STATIONERY, PLEASE SIGN THIS LETTER OF INTENT AND RETURN IT TO US AS SOON AS POSSIBLE. 

 

THANK YOU VERY MUCH FOR COOPERATION ON THIS VERY IMPORTANT MATTER.  If you have any questions call Charles Levy or Steven Naimoli at 866-561-1400.


Please fax your Letter of Intent to:  954-567-1441 or 866-567-1441.

 

 

 

LETTER OF INTENT

 

(Your Company) is a Mortgage Brokerage Company which obtains and evaluates borrower credit information for mortgage loan origination and/or servicing as needed during its regular course of business and under the terms and conditions of its Agreement with Credit Bureau Services, Inc.

 

We estimate that the average number of reports we order is (please check one): 

Less than 100   X  ; 100 to 500____; over 500____ per month.

 

                                                                                                         

                                    Authorized Signature

 

____________________________________________________

                                    Please PRINT name

 

Date: ________________