CMSI Business

CMSI Business. Means single Lender credit origination and/or credit decisioning systems, which enable such single Lenders, to do one or more of the following: (i) receive credit application data with respect to a loan or lease, (ii) retrieve collateral related data, such as collateral value, (iii) score credit applications, (iv) determine whether a credit application meets such Lender's criteria for the granting of credit, and/or (v) determine the terms for the granting of such credit. These systems may be... delivered on an Application System Processing ("ASP") basis or through software and systems operating internally at a Lender. In addition, the CMSI Business means a business-to-business system for mortgage or home equity Lenders to retrieve and deliver real property (i) flood certifications, (ii) title insurance and (iii) appraisal services. View More