CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced the integration of its Instant Merge™ consumer credit report within the Blend digital lending platform. This move allows Blend customers to automatically access credit report data during pre-qualification and mortgage origination, helping to expedite the decision-making process.
For more than 30 years, the Instant Merge credit report has been the most widely used merged credit report in the mortgage industry, offering detailed credit information from all three credit bureaus. The direct integration of Blend’s pre-qualification technology provides the added benefit of automatically running credit requests through Desktop Underwriter (DU) to speed up the credit pre-qualification process.
“Integrating Instant Merge credit reports into Blend’s technology provides another opportunity to remove friction from the lending process,” said Brian Martin, head of business development at Blend. “This partnership is central to what we’re doing at Blend, connecting components to reduce the time to get an accurate credit decision, and streamlining the lending process for both lenders and consumers.”
Blend serves as the digital layer on top of back-end lender systems so they can be more efficient and reduce the time and cost associated with loan origination. With a simple interface, built-in compliance, and intelligent features, Blend makes getting a loan simpler, faster and safer.
“This integration with Blend means our customers can now instantly access credit data during the buyer’s journey and as a result, optimize their digital strategy during the pre-qualification process,” said Jay Kingsley, executive for credit solutions at CoreLogic. “We’re excited to grow our partnership with Blend, and this recent endeavor represents our commitment to deliver an improved digital lending experience to our customers.”
As a part of one of the nation’s premier providers of credit and data verification services to the mortgage and automotive industry, the CoreLogic Instant Merge report is available on more than 60 different technology platforms. For more information, visit www.corelogic.com.
CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, acquire and protect their homes. For more information, please visit www.corelogic.com.
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