Case Study: Leading Home Construction Company achieves rapid, user-controlled mortgage eligibility and pricing updates with FICO

Leading Home Construction Company - Customer Case Study

A leading home construction company needed technology to deliver on its promise of "making the process of mortgage financing easier." The organization required maximum user control and an easy-to-use system that allowed rapid release of lending guidelines and policies without long development cycles.

FICO implemented a product eligibility and pricing (PPE) engine that integrates with the lender’s loan origination system via web services. Business users can now edit rules, test, and push changes to production without code deployments that once took weeks or longer; the solution performs MI product eligibility and pricing and uses product selections and scoping rules to match products to borrower preferences.