The Leader in Loan Quotation and Loan Calculation Software

New SCEX Enhancements

Submitted 2007-05-29 09:00:00 -0700

The SCEX is loan calculation software that can be embedded within your own application, supporting consumer, commercial, and mortgage loan calculations. Our Sherman Calculation Engine with XML interface (SCEX), already the industry standard, continues to expand at our customers’ requests. The SCEX has become the calculation engine of choice for Loan Origination Software (LOS) providers across the country, as well as financial institutions seeking to develop their own platform systems.

Two of the most significant recent enhancements expand the usefulness of the SCEX beyond the direct lending areas:

On the direct lending side, the following enhancements have been completed:

In addition to the general enhancements cited above, there have also been numerous client-specific enhancements. Most of these modifications fall in the area of credit insurance/debt protection, as needed by individual clients.

Lending clients accessing our SCEX, whether directly in their own platform systems or through the origination systems provided by our LOS partners, range from small community banks and credit unions to some of the largest bank holding companies and student loan providers in the country. Our support of this diversity of lenders and their needs keeps the SCEX and our end-user software systems at the pinnacle of loan calculation systems.

The SCEX has made the job of loan calculation much easier and more profitable for many. Please contact us to discuss your needs.