SOURCE: Loan-Score Decisioning Systems

March 07, 2008 15:42 ET

Loan-Score Clarifies Acquisition by Arkansas Investment Firm

HOT SPRINGS, AR--(Marketwire - March 7, 2008) - BMC Software and Investments, Inc., a privately formed Arkansas-based business entity organized on February 21, 2008, has acquired Loan-Score Decisioning Systems LLC. BMC Software and Investments, Inc. is not affiliated with BMC Software, Inc. (a publicly traded company) or any of its subsidiaries or affiliates as may have been implied in a press release issued on March 5, 2008. After closing its purchase of Loan-Score, BMC Software and Investments, Inc. will transact business under the name Loan-Score Decisioning Systems.

BMC Software is a registered trademark of BMC Software, Inc. and the exclusive property of BMC Software, Inc. BMC Software, Inc. (NYSE: BMC) is a leading global provider of enterprise management solutions that empower companies to automate their IT and prove its business value. Delivering Business Service Management and Service Automation, BMC solutions span enterprise systems, applications, databases and service management. For the four fiscal quarters ended December 31, 2007, BMC revenue was approximately $1.7 billion. For more information, visit www.bmc.com.

About Loan-Score Decisioning Systems

Founded in 2000 and headquartered in Irvine, California, Loan-Score Decisioning Systems offers a true, enterprise-class AUS and product/pricing engine available on a software-as-a-service (SaaS) and also a self-hosted basis for all lending channels and product types. The company also extends various functionality to the point-of-sale via its Web portals. Loan-Score maintains a comprehensive, up-to-date library of investor guidelines and pricing to ensure eligibility is met and market conditions are adjusted to deliver precision-based underwriting that results in fundable loans. The company has engineered its solutions to deliver swift, cost-are engineered to deliver swift, cost-effective implementations that integrate with existing LOSs and avoid inflexible programming efforts and high maintenance costs. Through Loan-Score's unique approach to customer service, the company's on-demand SaaS model offers clients the option to utilize its extensive library of investor guidelines, or the ability to manage unique program guidelines themselves. Loan-Score's solutions are in production with small, medium and large lending institutions. For more information, visit www.loan-score.com or call 949-450-0102.

Contact Information

  • CONTACT:
    Joe Bowerbank
    Senior Vice President of Marketing
    Loan-Score Decisioning Systems
    949.450.0102
    Email Contact