Loan-Score Decsioning Systems — Enterprise-class AU & Pricing
Posted by loanscore on May 14, 2009
Loan-Score offers a comprehensive, integrated Decision Management platform that is comprised of a true Automated Underwriting System (AUS) and a Product Eligibility & Pricing Engine (PPE), which renders an instant, trusted decision that carries the same weight as a human underwriter’s review. Our mantra is ease of doing business and, as such, we deliver seamless bi-directional integrations that bridge the gap between the point-of-sale and your back-end LOS, which our competition cannot come close to offering.
Our solution is available on a software-as-a-service (SaaS) and a self-hosted basis for all lending channels and product types. Our suite is in production with small, medium and large lending institutions.
We are proud to be named a Top 50 Mortgage Technology Vendor in 2009 and to received a commendation for the magazine’s annual “Fix It” award as a result of our new integration with FHA TOTAL Scorecard to decision and underwrite FHA loans.
Rick Grant said
You’re right about that, guys. Lenders no longer have patience with long integrations and communication problems between vendors. Best of Breed is the path every lender is traveling down and they will quickly become cross with any vendor that isn’t up to speed on the latest integration methods.
I have yet to interview a bank executive who cared to know the difference between SaaS and Italian Sausage, but if the app doesn’t work out of the box, connect easily to the lender’s other systems or scale well, the game will be over before it begins.
This downturn has certainly driven vendors to get their ducks in a row, which will be good for those firms that survive it, very good.
Glad to see you’re blogging. Keep it up!
Rick.