New MeridianLink LOS Supports Regulatory Requirements

Posted by Orb Staff on June 28, 2010 No Comments
Categories : Residential Mortgage

Mesa, Calif.-based MeridianLink reports that the latest release of its loan origination and deposit platform supports new industry regulations and rules, including features to facilitate compliance with new amendments to Regulation Z. The MeridianLink system provides auto-calculation and warnings for high-cost mortgage loans and for higher-priced mortgage loans to support rules that took effect last October. The platform release also features a rate-spread calculator for the Home Mortgage Disclosure Act. The platform can be set up to communicate with any existing system and technology, offers tight integration with a broad range of third-party products and easily consolidates applicant data from all existing channels, MeridianLink says. SOURCE: [link=http://www.meridianlink.com]MeridianLink

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