LOANSCORECARD

LoanScorecard Enhances Bank Statement Analyzer

Retrieved on: 
Wednesday, July 20, 2022
Fatality Analysis Reporting System, GLOBE, Documentation, Business, DoorDash, Bank statement, Bank, Income, Review, Technology, Analyser, Life, AUS, CFPB, Uber, Security (finance), Venmo

Now as a standalone platform, lenders can now use Bank Statement Analyzer at different stages of the life of a loan.

Key Points: 
  • Now as a standalone platform, lenders can now use Bank Statement Analyzer at different stages of the life of a loan.
  • The new enhancement of Bank Statement Analyzer gives lenders more control of the source files.
  • However, originating bank statement loans is a time-consuming, error-prone process, said Bao Huynh, Business Development Director at LoanScorecard.
  • Bank Statement Analyzer gives lenders more control over the process and eliminates the need to manually go through pages and pages of bank statement documents, allowing lenders to qualify more borrowers accurately and efficiently.

Quontic Selects LoanScorecard’s Portfolio Underwriter 

Retrieved on: 
Thursday, March 18, 2021
Money, Finance, Loans, Actuarial science, Underwriting, Financial services, Mortgage loan, Broker, Mortgage, Mortgage underwriting in the United States

IRVINE, Calif., March 18, 2021 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS) announced today that Quontic has selected its non-agency AUS, Portfolio Underwriter, as its non-QM Scenario tool.

Key Points: 
  • IRVINE, Calif., March 18, 2021 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS) announced today that Quontic has selected its non-agency AUS, Portfolio Underwriter, as its non-QM Scenario tool.
  • Quontic is using LoanScorecards technology to equip their broker clients with the tools they need to provide a high-tech, easy-to-use, answer-driven borrower experience.
  • The benefits of using LoanScorecards technology are two-fold: Empowering our broker clients and increasing our operational efficiency.
  • Portfolio Underwriter provides Quontic the ability to deliver immediate feedback of eligibility, pricing and guideline analysis to significantly improve the broker and borrower mortgage experiences and results.

Carrington Mortgage Services Selects LoanScorecard’s Portfolio Underwriter

Retrieved on: 
Tuesday, March 3, 2020
Mortgage industry of the United States, Economy, Finance, Money, Loans, Mortgage broker, Fannie Mae, Mortgage loan

IRVINE, Calif., March 03, 2020 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS), announced today that Carrington Mortgage Services has implemented its non-agency AUS, Portfolio Underwriter, as its Non-QM Pricing & Scenario Tool.

Key Points: 
  • IRVINE, Calif., March 03, 2020 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS), announced today that Carrington Mortgage Services has implemented its non-agency AUS, Portfolio Underwriter, as its Non-QM Pricing & Scenario Tool.
  • Founded in 2007, Carrington Mortgage Services, LLC (CMS), a subsidiary of Carrington Holding Company , is a retail, wholesale and correspondent mortgage lender headquartered in Anaheim, Calif. CMSs diverse product offerings, which are designed to meet the needs of todays wholesale mortgage brokers and non-delegated originators, include conventional Fannie Mae and Freddie Mac products, FHA, VA and USDA products and Carringtons proprietary Non-Agency Advantage series loan products, which were specifically developed to further demonstrate our ongoing commitment to underserved borrowers.
  • We are committed to providing our broker and correspondent partners with solutions to help better serve their borrowers and grow their business, said Greg Austin, EVP of Carrington Mortgage Services.
  • Our Portfolio Producer solution allows Carrington to deliver immediate feedback on eligibility, pricing, and guideline analysis to improve the overall mortgage experience for all parties involved.

A&D Mortgage Implements LoanScorecard’s Pricer1 & Portfolio Underwriter

Retrieved on: 
Wednesday, February 5, 2020
Finance, Money, Economy, Loans, Mortgage industry of the United States, Mortgage loan, Underwriting, United States housing bubble, Mortgage broker

IRVINE, Calif., Feb. 05, 2020 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS) announced today that A&D Mortgage has implemented its product and pricing engine, Pricer1, and non-agency AUS, Portfolio Underwriter, as its Non-QM Pricing & Scenario Tool.

Key Points: 
  • IRVINE, Calif., Feb. 05, 2020 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS) announced today that A&D Mortgage has implemented its product and pricing engine, Pricer1, and non-agency AUS, Portfolio Underwriter, as its Non-QM Pricing & Scenario Tool.
  • Founded in 2005, A&D Mortgage is a wholesale & correspondent mortgage lender headquartered in Hollywood, Fla.
  • Our technology was designed to support innovative lenders, like A&D Mortgage, that offer products to help out of the box borrowers, said Raj Parekh, Managing Director of LoanScorecard.
  • Portfolio Underwriter and Pricer1 will help A&D deliver its unique product guidelines and pricing to more brokers in real time and ultimately provide more opportunities for borrowers.

Deephaven Mortgage and LoanScorecard Announce The Addition of Smart Conditions to Popular Scenario Calculator

Retrieved on: 
Wednesday, January 29, 2020
Software, Free software, Mathematical software, Office equipment, Microsoft Windows, Free and open-source software, Windows Calculator, Calculator, Mortgage loan, Software calculator

IRVINE, Calif. and CHARLOTTE, N.C., Jan. 29, 2020 (GLOBE NEWSWIRE) -- LoanScorecard and Deephaven Mortgage announced today that they have added the Smart Conditions feature to Deephavens popular IDENTI-FI Scenario Calculator.

Key Points: 
  • IRVINE, Calif. and CHARLOTTE, N.C., Jan. 29, 2020 (GLOBE NEWSWIRE) -- LoanScorecard and Deephaven Mortgage announced today that they have added the Smart Conditions feature to Deephavens popular IDENTI-FI Scenario Calculator.
  • Originators use the IDENTI-FI Scenario Calculator to view product and program eligibility scenarios, price loans and obtaindetailed AUSfindings from directly within the scenario calculator.
  • Most AUS engines generate generic, vague conditions that can be misunderstood or misinterpreted, creating confusion, delays and frustration.
  • The new Smart Conditions feature will instantly show originators precisely and clearly what needs to happen in order to get an accurate review of the loan.

LoanScorecard Partners with LoanStream Mortgage to Power QualONE

Retrieved on: 
Tuesday, August 20, 2019
Loans, Money, Finance, Economy, Underwriting, Loan origination, Mortgage loan

IRVINE, Calif., Aug. 20, 2019 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS), today announced that it has partnered with LoanStream Mortgage (LSM) to power LSMs pricing and scenario tool, QualONE.

Key Points: 
  • IRVINE, Calif., Aug. 20, 2019 (GLOBE NEWSWIRE) -- LoanScorecard , the leading provider of non-agency automated underwriting systems (AUS), today announced that it has partnered with LoanStream Mortgage (LSM) to power LSMs pricing and scenario tool, QualONE.
  • Headquartered in Irvine, Calif., LSM is a privately held, multi-channel mortgage lender licensed in more than 30 states.
  • Under this partnership, LSMs QualONE is powered by LoanScorecards product and pricing engine (PPE), Pricer1, and non-agency AUS, Portfolio Underwriter.
  • QualONE can be accessed on LSMs website , LSMs client portal or via the Calyx Point loan origination system.