Irvine, Calif.-based Loan-Score Decisioning Systems has completed the necessary integration for lenders to connect to the Federal Housing Administration's TOTAL Scorecard platform directly from its automated underwriting system. Specifically, lenders that are using Loan-Score's product and pricing engine and AUS are able to able to instantly return decisions to loan officers or brokers electronically with this integration. In order to attain results from TOTAL Scorecard, lenders must use an AUS to connect to the system. Because Loan-Score is now an FHA integrated AUS, their clients' end users are able to hit TOTAL Scorecard for instant decisioning.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
7h ago -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
10h ago -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
10h ago -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
10h ago -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
10h ago -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









