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SmartLender Selects CSC

Published: July 2, 2008

CSC will provide SmartLender's bank customers merged mortgage credit and automated valuation reports reports.

CSC recently announced that ICBA SmartLender LLC has selected CSC as its provider of merged mortgage credit and automated valuation reports. These reports, used to streamline the mortgage underwriting process, are now available to Independ-ent Community Bankers of America (ICBA) members at prices traditionally available only to high-volume financial organi-zations.

CSC will provide ICBA SmartLender's bank customers these reports using a technology platform that interfaces with major underwriting engines and loan origination systems to speed loan processing. Member banks can access the reports, and related services, directly from CSC through numerous loan origination interfaces. They also will be available through the ICBA SmartLender portal by the end of the year.

"The SmartLender program levels the playing field for commu-nity banks because it offers pricing and service levels gen-erally offered only to the largest mortgage originators," said Ed Pinto, President, ICBA SmartLender. "Joining forces with CSC to deliver these critical reports will empower our community banks to serve their mortgage loan customers more efficiently and economically."