Loan-Score to Speak on Panel Session at SourceMedia's Mortgage Technology Conference


Session discusses the industry's recent trend to utilize software testing labs to mitigate risk


IRVINE, CA, January 22, 2008 – Loan Score Decisioning Systems, an emerging leader in enterprise-class automated underwriting solutions, announced that it will sit on a panel at SourceMedia's 11th Annual Mortgage Technology Conference entitled Try Before You Buy. The panel will be held at the Omni Orlando Resort in ChampionsGate, Florida on Tuesday, January 29 from 11:00 a.m. - 11:45 a.m. Eastern Time.

The session is designed to help lenders understand how the emergence of software testing labs can mitigate risk and ensure ROI. The panelists will discuss the complexities of complex enterprise software evaluations and what lenders should be requesting of potential vendors to thoroughly evaluate functionality and capability. This session gets up-and-close with technology evaluation that is changing the way lenders perform solution and vendor due diligence.

"So many lenders jump to sign with vendors prior to performing deep dive due diligence only to later regret it," said Scott Burgess, president of Loan-Score. "Solution testing facilities or models have gained popularity in recent years to aid lenders in avoiding buying the wrong software for their business. This trend has raised the bar and established free of charge pre-sales services that vendors should absolutely be offering potential customers whereby they have the opportunity to test solutions before they sign on the dotted line. Loan-Score has developed a model that allows lenders to visit its onsite facility or utilize our online Solution Proving Lab to cost effectively evaluate the system without incurring travel expenses. Either way, lenders can probe beyond vendor driven powerpoints and cursory demonstrations to more accurately assess whether the system is right for them."

Session Information:
Title: Try Before You Buy
Date: Tuesday, January 29, 2008
Time: 11:00 a.m. - 11:45 a.m. Eastern Time
Location: Omni Orlando Resort at ChampionsGate, Florida

Loan-Score will be holding demonstrations of its pricing and underwriting solutions at the conference, January 27 - 29, in its private meeting suite at the Omni Orlando Resort. Contact the company to arrange a discussion time at 949.450.0102, ext. 29.

About Loan-Score Decisioning Systems
Founded in 2000 and headquartered in Irvine, California, Loan-Score Decisioning Systems offers a true, enterprise-class AUS and product/pricing engine available on a software-as-a-service (SaaS) and also a self-hosted basis for all lending channels and product types. The company also extends various functionality to the point-of-sale using its Web portals. 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 loans. The company's solutions are engineered to deliver swift, cost-effective implementations that integrate with existing LOSs and avoid inflexible programming efforts and high maintenance costs. Through Loan-Score's unique approach to customer service, the company's on-demand SaaS model offers clients the option to utilize its extensive library of investor guidelines, or the ability to manage unique program guidelines themselves. Loan-Score's solutions are in production with small, medium and large lending institutions. For more information, visit www.loan-score.com or call 949-450-0102.

CONTACT:
Joe Bowerbank
Loan-Score Decisioning Systems
949.450.0102