Cogent Road Automates Credit, Pricing for Brokers

Cogent Road, a provider of Internet-based applications headquartered in San Diego, has launched Funding Suite, a redesigned database architecture underlying the credit report that allows new opportunities and products for brokers.Included in Funding Suite are the following features: Intelligent Credit Report with X-Ray technology; dynamic reimbursement; PaySaver loan officer billing option; automatic discounting; and universal credit file reissuing. The company said Intelligent Credit Report is a dynamic display of client credit data allowing faster, more accurate prequalifying assessment. In Funding Suite 3.0, all tradelines provide an interpretation of the payment history in easy-to-understand language, making even the most complex tradelines more easily understood, Cogent Road said. X-Ray technology conducts a deep analysis of the underlying credit data used to calculate the credit score to identify potential errors that may be harming the score along with the points gained by fixing such errors. The company can be found on the Web at http://www.cogentroad.com.