Chase Approves Loan-Score's AUS Interface with FHA TOTAL Scorecard


IRVINE, CA, January 25, 2010 - Loan Score Decisioning Systems, an enterprise-class pricing automated underwriting solution provider, today announced that Chase is officially accepting FHA loans that have been determined as eligible through Loan-Score's automated underwriting system (AUS), which interfaces with FHA TOTAL Scorecard.

In a statement issued by Chase in its correspondent news bulletin to lenders, Chase states that effective immediately, FHA loans submitted to FHA TOTAL Scorecard via Loan-Score's AUS are "eligible for delivery to Chase."

In 2009, Loan-Score completed a direct system-to-system interface between its AUS and the Federal Housing Administration's TOTAL Scorecard platform for lenders to receive eligibility results on FHA loans.

Loan-Score offers connectivity to Scorecard by way of three solutions:

  1. Utilization of Loan-Score's comprehensive PPE, AUS and customer-facing Web portals
  2. Use of Web services to transparently connect to Loan-Score's AUS
  3. Use of www.LoanSCORECARD.com

Lenders can learn more by contacting the company at 623-693-1237 or via e-mail at More Info.

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.

CONTACT:
Joe Bowerbank
Loan-Score Decisioning Systems
949.450.0102