Tampa, Florida, March 26, 2007 - Associated Software Consultants, Inc. (ASC), a provider of loan automation software to the mortgage industry, received a certificate of appreciation by Freddie Mac for being a Valued Loan Prospector Vendor during a brief ceremony at the MBA's National Technology in Mortgage Banking Conference in Tampa.

ASC received the recognition for its ongoing support of Freddie Mac technology and development of the latest LoanProspector.com v4.1 interface with ASC's PowerLender Loan Processing System. ASC was named a preferred Freddie Mac vendor in July 2005 when the LP.com interface to PowerLender was first introduced.

PowerLender, the Future-Proof LOS™, simplifies the origination process for lenders and is more capable of integrating with other systems and adapting to emerging technological changes because it is written in Java™.
This makes integration easier and provides significant long-term cost savings.

Freddie Mac’s Loan Prospector is a risk assessment tool that uses statistical models, credit data from the national credit repositories and the loan application data, to determine a borrower's creditworthiness and the acceptability of the loan application.

“We worked closely with Freddie Mac to offer advanced data mapping features to make it easier for lenders to transfer information about their loans through PowerLender to Loan Prospector,” said Tim Liston. “The result was a solution that automatically sends data so results from Freddie Mac come back sooner.”

About Associated Software Consultants
Associated Software Consultants, Inc. (ASC) designs and markets the PowerLender Loan Processing System and the PowerSeller Secondary Marketing & Pipeline Risk Management System for use by mortgage banks, commercial banks, community banks and credit unions.

ASC’s business strategy focuses on providing software and support services that enable lenders to improve the volume and quality of their business, streamline workflow and reduce costs. The company’s lending solutions enhance primary and secondary mortgage operations, improve overall profitability and better serve borrowers, investors, real estate brokers, third-party service providers and other constituents.

Associated Software Consultants, Inc.
7251 Engle Road Suite 300
Middleburg Heights, Ohio
800-628-4687
www.asconline.com info@asconline.com