MReport August 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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4 | TH E M R EP O RT MTECH Streamlining Workflows CORELOGIC HAS ADDED ITS TWO SOLUTIONS TO THE LENDINGQB LOS. C oreLogic has integrated its FactCheck income calcula- tion and analysis solution and Property Tax Estimator report on the LendingQB Loan Origina- tion System (LOS). The company said that these two additions when combined with its existing integra- tions on the LendingQB LOS provide LendingQB users with an end-to-end underwriting solution from a single provider. Property Tax Estimator is de- signed to significantly increase the accuracy of loan estimates, reduce compliance risk, and improve the customer experience. By deliver- ing highly accurate tax data early in the process, CoreLogic said that Property Tax Estimator also helps underwriters qualify the borrower's ability to financially support all mortgage costs and improves the onboarding process for servicers. Additionally, it elimi- nates the need for any specialized skills required for data procure- ment and provides a consistent workflow process no matter the property, exemption status, county exception complexity, and loan officer tenure. "The inclusion of FactCheck and Property Tax Estimator on LendingQB continues our mission of providing mortgage professionals with the most com- prehensive suite of products on the most innovative platforms in the industry," said Kevin Mullins, Principal, Business Development for CoreLogic. "With these new integrations, LendingQB users will now be able to better streamline their workflows with an inte- grated end-to-end underwriting solution from CoreLogic." LendingQB is a software system that consolidates all aspects of mortgage lending into a single, ful- ly integrated platform. From loan origination to funding, LendingQB is an end-to-end system that lever- ages the power and cost-efficiency of web-based computing for a smoother, more efficient mortgage lending workflow. "CoreLogic has always been tremendously supportive of LendingQB. They've constantly strived to utilize our Open API to give lenders innovative products to originate loans with ease," said Tim Nguyen, CEO and Co-Founder of MeridianLink. "The addition of the FactCheck and Property Tax Estimator tools has successfully created a full suite of innovative products providing our current and future clients with an end-to- end underwriting solution from a service provider we all trust." Enabling Accuracy AN ADDITION TO A BROWSER- BASED MORTGAGE PLATFORM HELPS LENDERS TO OBTAIN IMMEDIATE AND PRECISE INSURANCE QUOTES. N ational Mortgage In- surance Corporation (National MI), a sub- sidiary of NMI Holdings, Inc. is now integrated with the Blue Sage Digital Lending Platform, a browser-based, end-to-end mort- gage platform built in the cloud. The integration enables lenders to obtain immediate and accurate National MI rate quotes and order delegated mortgage insurance without ever leaving Blue Sage. The integration brings National MI's real-time, risk-based mortgage insurance pricing to Blue Sage, a platform that handles all mortgage channels—retail, wholesale, cor- respondent, and consumer direct. The integration leverages Blue Sage's application programming interfaces (APIs), which enable seamless interoperability between third-party technology provid- ers. As an end-to-end system, Blue Sage also tracks and updates data changes throughout the loan file in real time, so if new data requires mortgage insurance to be reordered or repriced, it happens automatically. "National MI is very pleased to join forces with Blue Sage," said Mike Dirrane, Chief Sales Officer and Senior Managing Director with National MI. "Lenders can now see National MI's rate, and choose the quote that is best for them. Having access to our Rate GPS risk-based pricing through the Blue Sage platform will save A Secure Lending Environment As the mortgage industry further embraces emergent technology, take a look at initiatives and programs that are improving customer experience in a safe and secure manner.

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