Loan-Score Decisioning Systems, a provider of pricing and automated underwriting solutions, and Del Mar DataTrac (DMD), a loan origination and processing system, have completed an enhanced nine-point integration between Loan-Score's automated underwriting system (AUS) and DMD's mortgage banking automation solution, DataTrac.
The integration is bidirectional and enables the two systems to automatically talk to one another, updating conditions and loan-level status in real time using advanced Web services, the companies explain. Loan-Score's Web-based pricing engine and AUS serves as the point-of-sale decisioning solution, while DataTrac remains as the core system of record and workflow management solution for the fulfillment process.
The integration is already in production with several of the two technology firms' mutual clients, and others are scheduled to go live shortly.
‘Seamless, reliable integration is the cornerstone of any sound technology marriage between different vendors,’ remarks Steve Pavlos, CIO of Pinnacle Capital Mortgage, a Loan-Score and DataTrac customer. ‘I've seen a lot of really good technologies throughout my career, but unless integration is achieved, you'll never realize true efficiency.’
Sources: Del Mar DataTrac, Loan-Score Decisioning Systems