Calyx Software Acquires Loan-Score Decisioning Systems
SAN JOSE, Calif. – Mortgage technology developer Calyx Software has acquired Loan-Score Decisioning Systems Inc., which offers a product and pricing engine, an automated underwriting system, and an eligibility decision aid for Federal Housing Administration loans.
Calyx said it will begin immediately integrating Irvine, Calif.-based Loan-Score’s operations. The purchase includes Loan-Score’s assets and business, and the company said it will be business as usual for Loan-Score customers, with contact numbers and personnel remaining unchanged. Its competitor, Ellie Mae, has acquired multiple technology vendor companies.