Loan-Score Announces Addition of Forty-Eight New Credit Vendors to its
AUS Platform
AUS Platform
IRVINE, CA, March 17, 2010 - Loan-Score Decisioning Systems, a leader in enterprise-class pricing and automated underwriting solutions, today announced that it has integrated forty-eight new credit providers with its automated underwriting system (AUS). The ability to access the vendors through Loan-Score’s customer-facing Web portals provides more options for brokers and lenders. The integrations are particularly useful to wholesale lenders whose broker networks use a variety of different credit vendors. Originators have the option of pulling credit directly from within Loan-Score’s retail and broker portals, or commonly used origination applications such as Calyx® Point and Encompass®. “Now more than ever wholesale lenders seek to make it as easy as possible for brokers to do business with them, and offering them an array of different credit vendors to use is helpful in delivering elevated service,” said Joe Bowerbank, senior vice president of marketing and strategic alliances at Loan-Score. “Simply put, the addition of more credit vendors makes it more attractive for brokers to do business with their go to lenders.” Loan-Score offers its solution as an integrated best-of-breed PPE and AUS platform that can be coupled with the company’s retail, wholesale and consumer direct portals to return best-fit products, pricing, automated underwriting, credit pulls or re-pulls, debt management, complete pipeline visibility and up-to-date loan status. Loan-Score seamlessly integrates with back-end loan fulfillment and workflow management systems to enhance the exchange of data and communication between POS and LOS in an automatic, bi-directional fashion. About Loan-Score Decisioning Systems
Founded in 2000 and headquartered in Irvine, California, Loan-Score Decisioning Systems offers clients a full suite of decisioning solutions to satisfy their individual needs from small, medium and large production and servicing organizations. The modular suite includes a product & pricing engine (PPE), automated underwriting system (AUS), portfolio analysis engine (PAE), channel focused point-of-sale (POS) Web portals, a system-to-system integration bridge and more. Loan-Score maintains a comprehensive, up-to-date library of investor guidelines and pricing to ensure eligibility is met and market conditions are adjusted to deliver precision-based underwriting that results in fundable and saleable loans. Our solutions are engineered to deliver swift, cost-effective implementations that integrate with existing LOSs. Clients can choose between software-as-a-service (SaaS) and self-hosted technology models. For more information, visit www.loan-score.com or call 949-450-0102.
