CHICAGO, June 19 — Trans Union and Chicago Title Credit Services Inc. (CTCS) have signed a letter of intent to enter into an affiliation arrangement through which Trans Union and its affiliates may make credit reports available to end users of Desktop Underwriter(R) and Desktop Originator(R)*. The two companies will enter into agreements with major software providers and their users to establish affiliate business relationships.

“Over the years we have found software providers to be innovative and resourceful in satisfying their users’ needs,” said Rick Lynch, vice president of Resource and Property Management, Trans Union. “Our strategy to affiliate with the software providers initially will allow more mortgage credit reporting companies to participate sooner, bringing the benefits of our affiliate program to the marketplace more quickly.”

“Both companies bring tremendous experience in credit reporting and real estate services,” said Mike Keller, executive vice president, Chicago Title and Trust Co., CTCS’s parent. “We’re excited about this opportunity to join together to provide these products to mortgage credit reporting companies.”

Trans Union and CTCS believe that the affiliation arrangement will provide the best solution available to mortgage credit reporting companies today. ”The program is designed to allow the mortgage credit reporting companies to maintain their current systems and client services,” said Rick Lynch.

Among the initial list of software providers to benefit from this arrangement are CTCS, Factual Data, Credit Systems Design (CSD), Innovative Software Solutions (ISS), Bourne Software Development Inc., Synergistic Software Systems Inc. and Engineered Business Systems Inc.

Trans Union is the nation’s leading consumer credit information company, with owned and independent credit bureaus in all 50 states. The company provides a broad range of industries with products and services that include credit reports, risk scoring models, target marketing systems, pre-employment evaluation reports, skip tracing and search tools, customized lists, transaction services; products that service both home equity and first mortgage lenders; as well as other information based products. Trans Union also offers similar products through its international operations in Puerto Rico, the U.S. Virgin Islands, Canada, Italy, Mexico and South Africa. Offices have also recently opened in Chile, Kenya and Peru.

Chicago Title Credit Services Inc. (CTCS), based in Kingston, N.Y., is a subsidiary of Chicago Title and Trust Co., a leading national provider of title insurance and real estate services including credi information, property valuation, field services, flood compliance and default management products. CTCS is a multidimensional company that has been a leader in the creation and development of credit lending services. CTCS offers a state-of-the-art proprietary system that can receive an order; obtain, edit and merge credit information; and report back to the lending institution in a matter of seconds.

Chicago Title and Trust Company is a subsidiary of Chicago Title Corporation (NYSE: CTZ).

* Desktop Underwriter and Desktop Originator are registered trademarks of Fannie Mae.