Edison, NJ – JAN. 25, 2023 ,a leading provider of mortgage middle-office automation and services, announced today that it has partnered with MeridianLink, Inc.® (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies. The integration streamlines and automates mortgage underwriting and loan decisions.
The DecisionGenius integration enables MeridianLink® Mortgage users to auto-generate a credible, accurate, and accountable underwriting analysis at a fraction of the time it takes for a full manual underwrite. This decisioning process incorporates MeridianLink Mortgage documents and data, third-party data, and lender underwriting rules and utilizes a bi-directional API to seamlessly transfer data between the two systems. Using intelligent automation, DecisionGenius then analyzes the data and documents and delivers a clear-to-close loan file earlier in the loan process. This allows non-underwriting staff such as processors to work from a cleared conditions list, alleviating much of the burden that would normally fall on underwriters.
“We are excited to partner with MeridianLink and provide its users with our integrated, intelligent loan decisioning system,” said CEO, Rajan Nair. “DecisionGenius simplifies one of the most labor-intensive and complex mortgage processes, significantly reducing the amount of time that processors and underwriters spend comparing, validating, and verifying data and documentation.”
For MeridianLink customers, the DecisionGenius implementation timelines follow a six-week timeframe for standard features. DecisionGenius is part of Indecomm’s Genius suite of automation solutions, which automates and connects middle-office mortgage operations. By solving middle-office inefficiencies, Indecomm’s Genius suite of solutions streamlines and simplifies complex processes, and increases productivity, ultimately improving borrower response times and experience.
“The MeridianLink® Marketplace provides lenders and financial institutions with access to hundreds of valuable solutions, enabling them to find exactly what they need to best serve their customers,” said Megan Pulliam, SVP of Marketplace at MeridianLink. “We are proud to partner with Indecomm to offer lenders additional choices to streamline decisioning.”
Founded more than 25 years ago, Indecomm blends intelligent automation with deep mortgage banking expertise to deliver groundbreaking mortgage innovations that help businesses optimize operations and achieve competitive advantage. Backed by a 1500-strong global workforce, Indecomm’s automation-as-a-service approach benefits mortgage organizations, enabling them to offer better borrower experiences by streamlining middle and back-office operations.
Indecomm takes an automation-first approach, partnering with large and mid-sized lenders, servicers, mortgage insurers, and title companies to create efficiencies at every phase of the mortgage lifecycle. Specifically, Indecomm products and services leverage robotics process automation (RPA), supervised automation, and machine learning to tackle the industry’s most complex operational challenges.
MeridianLink, Inc.® powers digital lending and account opening for financial institutions and provides data verification solutions for consumer reporting agencies. MeridianLink’s scalable, cloud-based platforms help customers build deeper relationships with consumers through data-driven, personalized experiences across the entire lending life cycle.
MeridianLink enables customers to accelerate revenue growth, reduce risk, and exceed consumer expectations through seamless digital experiences. Its partner marketplace supports hundreds of integrations for tailored innovation. For more than 20 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities.
Learn more at www.meridianlink.com.