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Mortech Marksman Integrates With Kroll Factual Data

NationalMortgageProfessional.com
Oct 30, 2013

Mortech has announced a new integration between Mortech’s Marksman pricing engine feature and software from Kroll Factual Data, Inc. The integration will enable loan originators to get more accurate pricing by pulling a consumer’s credit earlier in the loan-pricing process. “The integration will benefit loan officers by allowing them to seamlessly pull credit through Marksman. In the past, loan officers had to leave the system in order to retrieve this information for pricing.” said Don Kracl, vice president of mortgage tools at Zillow, Inc. “In addition, the integration with Kroll Factual Data allows loan officers to access credit reports earlier in the process so they can provide more accurate loan pricing and customer service.” Now loan officers can review an HTML-formatted credit report directly from Kroll Factual Data or import it directly into the Marksman loan application. If the borrower is deemed to be qualified, the data can then be exported directly into the loan origination software, therefore increasing loan officer efficiency. In addition, loan administrators also can determine which loan officers have access to the Kroll Factual Data credit report. "We agree with our colleagues at Mortech that credit should be pulled earlier in the process, as credit is a threshold component of any lending decision," said Damon Littlejohn, director, Channels and Alliances at Kroll Factual Data. "We were impressed with the speed with which Mortech's integration team approached the problem, and delighted with the collaborative effort to produce the solution. This will absolutely benefit our common customers and the consumers they serve."
Published
Oct 30, 2013