CIBMS Acquires Advanced Residential Credit's (ARC) mortgage credit reporting business in Forth Worth, Texas

On August 1, 2005, Credit Information Bureau Mortgage Services (CIBMS) acquired Advanced Residential Credit (ARC) mortgage credit reporting business in Forth Worth, Texas. The acquisition expands CIBMS's mostly northeast regional client base to the state of Texas. CIBMS welcomes its new clients and will look to offer additional products and services to them over the coming months.

Claudia Humphries of Advanced Residential Credit stated "After 16 years of servicing the mortgage reporting industry, I felt that CIBMS represented the best option for our valued customers to maintain the high level of service and support that has been our privilege to provide.