CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced that the CoreLogic Credco® Instant Merge® credit report is now integrated with PromonTech’s point-of-sale (POS) solution: The Borrower Wallet™. The inclusion of Instant Merge credit reports is the first of a series of planned product integrations with PromonTech.
The Instant Merge credit report provides demographic information, current and historical tradeline details and public records and inquiries with additional features such as identity verification, multiple scoring options and detailed creditor contact information. Lenders can request an Instant Merge credit report to obtain borrower information from the three major credit bureaus (Equifax®, Experian® and TransUnion®).
PromonTech is the technology arm of Promontory MortgagePath, a provider of mortgage technology and fulfillment services. The Borrower Wallet, is a white-label, omni-platform, POS that engages with customers using any computer or mobile device, on either a self-serve or assisted basis with a loan officer.
“Borrower experience is more important than ever. With this integration, clients can now access credit data from CoreLogic through a new, innovative, point-of-sale system,” said Kevin Mullins, principal, business development for CoreLogic. “We’re excited to add Instant Merge to PromonTech’s Borrower Wallet and to help ensure that lenders can provide their potential borrowers with a top-notch solution from a leading provider of merged credit reports.”
“The Borrower Wallet is the first digital POS that is able to engage consumers while anticipating lender needs in such a balanced way,” said Michael Kolbrener, chief technology officer of PromonTech. “Incorporating Instant Merge assures clients and their customers that they are seeing the most-accurate and up-to-date credit information available.”
For more information about Instant Merge visit corelogic.com.
CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled solutions provider. The company's combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com
CORELOGIC, the CoreLogic logo, CREDCO and INSTANT MERGE are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.
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