MeridianLink
The combined benefit offered by Wolters Kluwer idsDoc, Lien and eOriginal products integrated with MeridianLink solutions is to deliver an end, to end solution for mortgage lending. This integrated solution presents advantages including:
Increased efficiency: By automating tasks like document preparation, signature collection and closing the integrated solution allows lenders to allocate time to customer service and building relationships.
Compliance: The integrated solution ensures lenders adherence to regulations like the Dodd Frank Act and the Consumer Financial Protection Bureaus (CFPB) mortgage lending rules. This helps lenders avoid fines and penalties.
Enhanced security: The integrated solution employs state of the art security measures to safeguard customer data. This fosters trust between lenders and customers while minimizing the risk of data breaches.
Reduced costs: With the consolidation of systems and providers, into one integrated solution lenders can streamline their operations and decrease expenses. This liberated capital can then be reinvested in business growth initiatives.