LoanScorecard provides solutions to help financial institutions, mortgage issuers and lenders meet today’s regulatory challenges, capitalize on market opportunities, and address inefficiencies and inconsistencies experienced in originating and underwriting Non-QM mortgage loans. Some of the company’s technology solutions include: Portfolio Underwriter, a customizable, automated underwriting system for non-agency and portfolio lending; Bank Statement Analyzer, a tool designed to collect, verify, and analyze bank statement data to automate borrower income calculations; Pricer1, a PPE solution customized for each individual client’s non-agency and portfolio lending; and SimpleCECL, designed to provide financial institutions that hold loans in portfolio with closed loan loss reserve calculations under the new Current Expected Credit Loss (CECL) model.
- Technology solutions have been adopted by industry-leading, non-agency lenders, secondary market investors, and financial institutions for their retail, wholesale and correspondent divisions.
- Bank Statement Analyzer solution reduces underwriting times by 75%
Company Website:
Markets Served:
Loan Origination
Company HQ:
Irvine, CA
