CoreLogic announced the integration of the CoreLogic Credco Instant Merge credit report on Mortgagebot EnterpriseLOS, a web-based loan origination system supporting retail, wholesale and correspondent mortgage lending. The inclusion of Instant Merge credit reports is the most recent addition in a series of planned CoreLogic product integrations with the EnterpriseLOS platform.
Available on more than 50 technology platforms, Instant Merge provides specific demographic information, current and historical tradeline details and public records and inquiries with additional features such as identity verification, multiple scoring options and detailed creditor contact information. Lenders can request Instant Merge and find all of the most up-to-date borrower information available from the three major credit bureaus (Equifax, Experian and TransUnion).
“CoreLogic Credco has an incredibly strong presence in the industry, with a reputation for efficiency and reliability,” said Matt Cotter, SVP Marketing, D+H US. “By adding CoreLogic credit data to EnterpriseLOS, we are able to offer lenders streamlined access to the most popular merged credit report around.”
EnterpriseLOS offers an intuitive interface designed to help streamline decisioning, from mortgage origination through closing. Lenders can also receive, manage, store, retrieve and deliver loan files as electronic documents, which now include Instant Merge credit reports.
“In the current lending environment, the one certainty we can all agree on is that more information can help both lenders and consumers make more informed decisions. With this integration, customers can now access credit data from CoreLogic through one of the premiere web-based loan origination systems in the industry,” said Dave Ard, senior vice president of business development for CoreLogic. “We’re excited to add Instant Merge to EnterpriseLOS and to help ensure that even more lenders have access to as much decisioning data as possible.”
