Mortgage

Mortgagebot integrates merged CoreLogic credit reports into loan origination platform

Credco Instant Merge report combines information from 3 major credit bureaus

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A credit report from CoreLogic that combines information from all three major credit bureaus is now available on a loan origination system from mortgage lending technology company Mortgagebot. In an announcement today, Irvine, Calif.-based CoreLogic said the integration of its Credco Instant Merge credit report into the Web-based Mortgagebot EnterpriseLOS platform was one of a series of planned CoreLogic product integrations with the EnterpriseLOS platform. Financial technology firm D+H acquired Mequon, Wis.-based Mortgagebot in April 2011. Mortgagebot's EnterpriseLOS is designed to help streamline "decisioning" -- the automated process by which a system makes decisions based on predetermined pass/fail criteria -- from mortgage origination through closing, the announcement said. The platform also allows lenders to manage loan files as electronic documents, which now include Instant Merge credit reports. “In the current lending environment, the one certainty we can all agr...