This first phase of what will be a comprehensive web-based automated underwriting system
specifically for small balance commercial lending includes the Prequal Loan Quote function coupled with a real-time pricing engine.
CSCs nbAccelerator has many strong features that are worthy of consideration for large- to medium-size insurers looking for an automated underwriting system
The addition of a product and pricing engine (PPE), an automated underwriting system
(AUS) and Federal Housing Administration (FHA) eligibility decisions to its mortgage origination platform further solidifies Calyx's end-to-end offering, according to the company.
What we love about Loan-Score is that their solution encompasses both a product and pricing engine [PPE] and an automated underwriting system
[AUS], which enables us to return accurate pricing and product eligibility along with an actual automated underwriting approval.
Because the solution's automated underwriting system
(AUS) component emulates each of United Fidelity Funding's full set of investor underwriting guidelines, loan officers and brokers receive accurate pricing and instant automated underwriting approvals while at the point of sale (POS), which carries the same weight as a human underwriter's decision.
Costa Mesa, California-based PriceMyLoan (PML) announced the release of an integration to Freddie Mac's Loan Prospector[R] automated underwriting system
, designed to allow originators to obtain decisions from Loan Prospector from within the PML system.