BMC Software acquires Loan-ScoreMortgagePress.comsolution offerings, marketplace liquidity, mortgage banking industry
BMC Software Investments Inc. announced that it has acquired Loan-Score Decisioning Systems
LLC. The acquisition and subsequent capital infusion into
Loan-Score will be used to develop new solution offerings, expand
the company's infrastructure, hire additional development staff,
increase its sales and marketing efforts, strengthen its balance
sheet to pursue tier one clients, and prepare for increased demand
when marketplace liquidity returns.
"We've been making various investments in the mortgage banking
industry for more than 25 years, and nothing has looked more
promising than our purchase of Loan-Score," said William McCord,
CEO of BMC Software and chairman of Loan-Score.
Irvine, Calif.-based Loan-Score Decisioning Systems LLC is an
automated underwriting solutions company. For more information,
call (800) 617-0892 or visit www.loan-score.com.