Press Releases

Loan-Score Decisioning Systems Releases Version F16 of AUS

New version completely overhauls look and feel of system and adds ease of use

CMBA's 35th Annual Western Secondary Market Conference - SAN FRANSISCO, CA, July 18, 2007 – Loan Score Decisioning Systems, an emerging leader in enterprise-class automated underwriting solutions for, announced that it will be upgrading all of its clients to F16, the latest version of the company’s pricing and automated underwriting (AUS) solution.

The new release adds a more robust look and feel to each screen in Loan-Score’s pricing/eligibility engine application, AUS and Web portals for the retail, wholesale and correspondent lending channels. The six month development project will conclude in August and will be rolled out to the client base in September.

Users also have the added ability to simultaneously select multiple products at once and change pricing on-demand. This allows for rapid changes to be made and rollled out in minutes as opposseed to making changes one by one.

Also notable are back-end enhancements that were made to Loan-Score’s application to dramatically decrease the length of time needed to take clients live. Using new express configuration tools, lenders can now go live in as little as a week depending on the number and type of products.

“The overhaul of our system’s look and feel was based on in depth client feedback that ultimately strenthens the overall value proposition of the Loan-Score solution,” said Scott Burgess, president of Loan-Score. “The F16 version offers our clients newfound ease of navigation and delivers rapid change management capabilities acorss the board.”

Loan-Score will be offering preview demonstrations of its new F16 decisioning system at the CMBA's Western Secondary Market Conference, July 18 - 20, in its private meeting suite at the Westin St. Framcis Hotel. Contact the company to arrange an at-show discussion time at 949.450.0102, ext. 29.

About Loan-Score Decisioning Systems
Founded in 2000 and based in Irvine, California, Loan-Score Decisioning Systems offers the industry’s most accurate eligibility/pricing engine along with a true best-of-breed AUS on a software-as-a-service (SaaS) basis for all lending channels. 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