Direct access to borrower loan scores offered

Calyx Software announced today the newest offering within the Calyx Decisioning Systems suite of products—LoanScoreCard—which provides FHA Total Scorecard access directly through the company’s Point system as well as through other loan origination systems.

The Calyx Decisioning Systems is a suite of automated underwriting and pricing products designed to help determine a loan’s eligibility and pricing within investor or FHA guidelines. Fully integrated with Point, the decisioning system provides a complete analysis of a borrower’s loan and credit information against multiple standard or custom programs.

LoanScoreCard is a HUD-approved automated underwriting system that determines a loan’s eligibility for FHA insurance. It provides a detailed FHA Findings Report with decision from TOTAL and LoanScoreCard underwriting, along with set of HUD-approved messaging. LoanScoreCard is available via Calyx Point, standalone web access, or web services.

Calyx users can order their findings directly through Point and store them in the electronic document management system for access at any time. LoanScoreCard is also easily accessible at www.loanscorecard.com and can be exported to any LOS.

 

 

[This article was posted on April 11, 2012, on the website of ABA Banking Journal, www.ababj.com.]     

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