must integrate components that help our customers easily detect and prevent fraudulent activity and risk,” said Jorge Sauri, president of MortgageDashboard. “To offer the most efficient solution, we selected Interthinx to give our customers streamlined fraud detection via a single click within MortgageDashboard.” For more information, visit www.mortgagedashboard.com or www.interthinx.com.
Loan Score rolls out integration with Encompass
MortgageDashboard selects Interthinx for fraud solution integration Interthinx, a provider of proven risk mitigation, fraud detection and regulatory compliance tools for the residential mortgage industry, has successfully integrated its fraud prevention system with MortgageDashboard’s loan origination system, MortgageDashboard. The integration enables MortgageDashboard to offer customers a seamless interface with automatic and proven screening for potential fraudulent activity. BenchMark Mortgage was recently introduced to MortgageDashboard’s expanded loan origination system. MortgageDashboard integrated Interthinx’s FraudGUARD product, a fraud detection tool that measures and scores fraud risk against public, private and proprietary data sources. “Mortgage fraud continues to impact
the industry in insidious and highly destructive ways, and Interthinx is committed to aligning with companies like MortgageDashboard that share the common goal of fighting fraud at origination,” said Kevin Coop, president of Interthinx. “Interthinx offers proven solutions that help prevent and detect fraud, supported with proactive education and training to help mortgage professionals identify fraudulent activity before it does damage to a company.” MortgageDashboard enables the processing of paperless mortgages for lenders, credit unions and banks. It provides loan product optimization, loan application processing, all state-specific forms and disclosures, automated underwriting and closing documents. In addition to conventional loans, the platform supports subprime automated underwriting as a Web service. “To provide a robust loan origination system, vendors have realized that we
Loan Score Decisioning Systems, an enterprise-class pricing and automated underwriting solutions provider, has announced that it has embedded its product and pricing engine (PPE), PowerPricer, within Ellie Mae’s Encompass Banker Edition. The new integration offers customers the ability to quickly price, run eligibility and select loan programs both at the point-of-sale (POS) and also in the back office from within their Encompass Mortgage Management Solution. “We want to make it as easy as possible for our clients to do business,” said David P. Colwell, executive vice president at Loan-Score. “Integrating our PPE with Encompass allows users to continue working in the LOS while Loan-Score’s rules engine operates behind the scenes. This level of transparency is paramount to establishing ease of use and rapid user adoption. Because both of our platforms are utilized on a software-as-a-service (SaaS)
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basis, it really helps alleviate the IT burden of having to support technology infrastructures and changing data.” Loan-Score’s PowerPricer is the product and pricing component of its comprehensive decisioning suite, which can be used for all lending channels and products. Pricing and guidelines can be customized to blend programs at the POS and then re-decision deals for best execution at the secondary desk. In addition to centralizing pricing for all lending channels, PowerPricer also returns instant product eligibility and best-fit pricing, provides loan-level drill downs in the pipeline, submits lock requests, ensures that pricing and investor guidelines are up-to-date, and offers additional production-facing tools. For more information, visit www.loanscore.com.
Mortgage Warehouse Network offers solution for banks to enter the warehouse lending industry Mortgage Warehouse Network, a service provider offering mid-sized banks a simplified and cost-effective way to participate in warehouse lending, has launched a “turn-key” solution that includes the back office operations, systems and experienced personnel that banks need to establish and maintain highly profitable warehouse lines quickly, safely and economically. continued on page 43
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