Ellie Mae and Loan-Score to Integrate Platforms

Ellie Mae, the Pleasanton, Calif.-based provider of software and services for the mortgage industry, and Loan-Score (Irvine, Calif.), which provides enterprise-class pricing and automated underwriting solutions (AUS), will be integrating Loan-Score's product and pricing solution, Power Pricer, with Ellie Mae's Encompass Mortgage Management Solution, Banker Edition. This embedded integration will provide Ellie Mae's customers with the ability to price and select loans through Loan-Score either at the point of sale or in back office functions, all directly from within Encompass Banker Edition.

Loan-Score's Power Pricer is the product and pricing component of its comprehensive decisioning suite, which can be used for all lending channels and products, and is available as software-as-a-service (SaaS). In addition to centralizing pricing for all lending channels, Power Pricer also returns instant product eligibility and best-fit pricing, provides loan-level drill downs while in the pipeline, and ensures that eligibility and pricing adhere to changing investor guidelines, according to the vendor.

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio