FOR IMMEDIATE RELEASE
Contact: Peter Beanland, PrimeLending Senior Vice President – Director, Business Strategy 972-852-8506 or pbeanland@primelending.com
PrimeLending to Offer LifeLock® Identity Theft Protection Services
Partnership Gives PrimeLending Customers More Tools to Protect Their Financial Futures
DALLAS (Sept. 9, 2014) – National residential mortgage lender PrimeLending, a PlainsCapital Company and subsidiary of Hilltop Holdings Inc. (NYSE: HTH), and LifeLock, Inc. (NYSE: LOCK), the industry leader in proactive identity theft protection, announced today that the companies have entered into a new business relationship. As a result, PrimeLending will offer a 30-day free trial membership[1] for LifeLock Standard™ to all customers who apply for a home loan and a six-month membership to LifeLock Standard for customers who close a loan with PrimeLending.
An estimated 16.6 million people, representing 7 percent of all persons age 16 or older in the United States, experienced at least one incident of identity theft in 2012, costing an estimated $25 billion.[2] LifeLock provides proactive alerts to help identify potential threats before damage can be done. In the event that identity theft occurs, LifeLock provides award-winning resolution support.
“LifeLock is recognized nationally as a trusted protector of personal finances and credit,” says Steve Thompson, EVP and national production manager of PrimeLending. “With identity theft on the rise, LifeLock can help provide our customers with an extra layer of protection and peace of mind. We see this relationship with LifeLock as one more way we can help our customers succeed at homeownership.”
Since 1986, PrimeLending has been dedicated to providing service beyond expectations to homebuyers. Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is licensed to originate and close loans in all 50 states and the District of Columbia.
“PrimeLending is a leader in the mortgage lending industry, and we’ve found a true partner that aligns with our goals of helping people live freely in an always-connected world,” says Todd Davis, chairman and CEO of LifeLock. “We’re delighted to join forces to better serve PrimeLending’s customers.”
For more information about this new customer benefit, please contact a PrimeLending loan officer.
About PrimeLending
PrimeLending, a PlainsCapital Company, is a national residential mortgage originator. In 2012 and 2013, PrimeLending was listed as the No. 4 mortgage lender in the nation in purchase units.* Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is licensed to originate and close loans in all 50 states and the District of Columbia. Founded in 1986, PrimeLending is a member of the PlainsCapital Corporation family of companies. PlainsCapital Corporation is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE:HTH). Find more information at PrimeLending.com. Equal Housing Lender.
*Source: As listed by Marketrac® for purchase units nationally for Jan. – Dec. 2012 and 2013.
About LifeLock
LifeLock, Inc. (NYSE: LOCK), is a leading provider of proactive identity theft protection services for consumers and fraud and risk solutions for enterprises. LifeLock’s threat detection, proactive identity alerts, and comprehensive remediation services provide peace of mind for consumers amid the growing threat of identity theft. Leveraging unique data, science and patented technology from ID Analytics, Inc., a wholly-owned subsidiary, LifeLock offers identity theft protection that goes beyond credit monitoring. As part of its commitment to help fight identity theft, LifeLock works to train law enforcement and partners with a variety of non-profit organizations to help consumers establish positive habits to combat this threat.
All loans subject to credit approval. Rates and fees subject to change. Mortgage financing provided by PrimeLending, a PlainsCapital Company. Equal Housing Lender. © 2014 PrimeLending, a PlainsCapital Company (NMLS: 13649).
[1] At the end of the 30-day trial period, credit card will be billed automatically for LifeLock Standard membership, plus applicable sales tax. Customers who apply for a home loan with PrimeLending will receive a 30-day membership and those who close on a home loan with PrimeLending will receive a 6-month membership.
[2] “Victims of Identity Theft, 2012,” Department of Justice, 2013.