This week, ReverseVision expanded the credit report offerings on the RV Exchange (RVX) reverse mortgage loan origination system through a new integration with MeridianLink.
A web-based platform for ordering and delivering credit reports, MeridianLink now provides an interface available to all RVX users who set up an account with the provider.
“Partnering with ReverseVision will help lenders adapt to the new FA requirements and reduce switching costs by allowing lenders to maintain their existing relationship with their preferred credit vendors,” said Jason Domazetm business development manager at MeridianLink.
Using data from the three major credit bureaus—TransUnion, Experian and Equifax—this new integration will allow users to pull reverse mortgage borrower’s credit reports from one of MeridianLink’s partners and have that data automatically populate into the credit report fields on the RVX system.
“MeridianLink’s proven experience, innovative technology and diverse portfolio of solutions makes them a trusted resource and excellent addition to our vendor services,” said ReverseVision President and CEO John Button in a written statement.
The integration with MeridianLink is the latest credit report functionality ReverseVision has added to the RV Exchange system. Earlier this month, the company integrated CIS Credit Services into the RVX platform, adding to the growing number of other integrations the company has made to the system already this year.
Written by Jason Oliva