Loan-Score Celebrates Ten Year Anniversary
IRVINE, CA, January 14, 2010 - Loan Score Decisioning Systems, an enterprise-class pricing and automated underwriting solution provider, announced its tenth year of being in business. The company was founded in 2000. "Since our inception, we have remained committed to developing leading pricing and automated underwriting solutions that extend to the point-of-sale and integrate with disparate applications," said David P. Colwell, EVP at Loan-Score. "Our rules engine is proven to automate business critical functions at the point-of-sale for loan officers and brokers as well as in the back office for processors, underwriters and secondary marketing mangers. Collectively, the team at Loan-Score is loaded with industry experience to provide our clients with excellence in service. We are proud to be able to say we've been doing this now for ten years and we will continue with our best-of-breed approach to integrate with LOS platforms and additional applications from other vendors." Loan-Score's rules engine was developed in 2000 as a configurable platform for ease of change management thus enabling the company to be able to respond quickly and accurately to market shifts to rates, guidelines and products. 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, correspondent and consumer direct portals to return best-fit products, pricing, true automated underwriting approvals, 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 data exchange and communication between POS and LOS in an automatic, bi-directional exchange of information. In addition, Loan-Score also has a Portfolio Analysis Engine designed for servicers and private investors to evaluate portfolios and perform due diligence for buy or sell of distressed assets. 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.
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CONTACT:
Joe Bowerbank
Loan-Score Decisioning Systems
949.450.0102
