Loan-Score Rolls Out Encompass Integration
IRVINE, CA, May 26, 2009 - Loan Score Decisioning Systems, an enterprise-class pricing and automated underwriting solutions provider, today announced that it has embedded its product and pricing engine (PPE), PowerPricer™, within Ellie Mae's Encompass® Banker Edition. The new integration offers customers the ability to quickly price, run eligibility and select loan programs both at the point-of-sale (POS) and also in the back office from within their Encompass Mortgage Management Solution. "We want to make it as easy as possible for our clients to do business," said David P. Colwell, executive vice president at Loan-Score. "Integrating our PPE with Encompass allows users to continue working in the LOS while Loan-Score's rules engine operates behind the scenes. This level of transparency is paramount to establishing ease of use and rapid user adoption. Because both of our platforms are utilized on a software-as-a-service (SaaS) basis, it really helps alleviate the IT burden of having to support technology infrastructures and changing data." Loan-Score's PowerPricer™ is a component of Loan-Score's comprehensive decisioning suite which can be used for all lending channels and products, Pricing and guidelines can be easily customized to blend programs at the POS and then re-decision deals for best execution at the secondary desk. In addition to centralizing pricing for all lending channels, PowerPricer also returns instant product eligibility and best-fit pricing, provides loan-level drill downs in the pipeline, submits lock requests, ensures that pricing and investor guidelines are up-to-date, and offers additional production-facing tools. In addition to centralizing pricing for all lending channels, PowerPricer™ also returns instant product eligibility and best-fit pricing, provides loan-level drill downs while in the pipeline, ensures that eligibility and pricing adhere to ever-changing investor guidelines, and much more. The company says it offers Web-based demos of the integration for lenders using Encompass Banker Edition or those considering purchasing it. Contact the company to learn more at (949) 450-0102 or via e-mail. About Loan-Score Decisioning Systems
Founded in 2000 and headquartered in Irvine, California, Loan-Score Decisioning Systems, offers an enterprise-class decision management suite available on a software-as-a-service (SaaS) and also a self-hosted basis for all lending channels and product types. The suite includes a product & pricing engine (PPE), automated underwriting systems (AUS), system-to-system integration bridge, portfolio analysis engine (PAE) and channel focused point-of-sale Web portals (POS). The company extends key functionality to the point-of-sale using its production-facing 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 trusted underwriting decisions that result in fundable, salable loans. The company’s solutions are engineered to deliver swift, cost-effective implementations that integrate with existing LOSs. Loan-Score's offers clients a full suite of solutions to satisfy their individual needs from small, medium to large production and servicing organizations. www.loan-score.com or call 949-450-0102.
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CONTACT:
Joe Bowerbank
Loan-Score Decisioning Systems.
949.378.9685