Industry Partners
- FHA TOTAL Scorecard® was developed by HUD to evaluate the credit risk of FHA loans that are submitted to an automated underwriting system. To underwrite an FHA loan electronically, a mortgagee must process the request through an automated underwriting system that can communicate with FHA TOTAL Scorecard. Loan-Score developed a direct, system-to-system interface with Scorecard from its AUS that instantly returns decisions on FHA deals. Loan-Score offers connectivity to Scorecard in one of three ways: 1) clients using Loan-Score's decision management suite have access to Scorecard. 2) Lenders can connect to Loan-Score's AUS and gain connectivity to Scorecard via transparent web services. 3) users can utilize Loan-Score's standalone website (www.LoanSCORECARD.com) to return decisions from Scorecard. www.fud.gov
- Fannie Mae is a shareholder-owned company with a public mission. The GSE exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. Their job is to help those who house America. www.fanniemae.com
- The PROGRESS in Lending Association provides thought leadership to lending professionals about how to create process efficiencies through a combination of sound business strategies and technology. The ideas that come out of this association helps lenders provide a more trusted and transparent process for both consumers and investors, leading to a better overall experience for all parties involved.www.progressinlending.com
- The Mortgage Bankers Association seeks to create an environment that enables its members to invest in communities and achieve their business objectives. The association creates this environment by developing innovative business tools, educating and training industry professionals, providing a gathering place for the sharing of ideas, acting as the industry's voice on legislative and regulatory issues, and developing open and fair standards and practices for the industry. www.mortgagebankers.org
- The California Mortgage Bankers Association serves to represent the residential and commercial real estate finance industry before all governing bodies. CMBA encourages and promotes sound business practices and honesty in marketing, origination, lending and servicing of mortgage loans through our educational and networking opportunities. www.cmba.com
- Mortgage Industry Standards Maintenance Organization, Inc. (MISMO) was established by the Mortgage Bankers Association (MBA) to coordinate the development and maintenance of Internet based Extensible Markup Language (XML) real estate finance specifications. www.mismo.org