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Finicity, LendingQB Partner to Improve the Mortgage Process

digital lendingReal-time financial data access and insights provider, Finicity has announced an integration with LendingQB, a provider of SaaS loan origination technology solutions.

The company said that through this integration, LendingQB’s platform will use Finicity’s digital Verification of Assets (VoA) solution to allow lenders to free up resources, increase processing speed and reduce mortgage fraud while providing borrowers with a more efficient and positive experience.

“Digitizing the loan origination process is the key to the future of lending,” said Steve Smith, Finicity CEO. “We’re proud to be one of the tech providers behind this movement and are glad to work with leading digital loan originators like LendingQB to help the industry evolve and improve the experiences for lenders and borrowers alike.”

Both Finicity’s verification solutions are delivered under the CRA framework, which allows borrowers to directly obtain information on reports or resolve discrepancies. Utah-based Finicity said that its status as a registered CRA is a symbol of its commitment to consumer control and empowerment, as well as its dedication to the requirements of the lending space.

“At LendingQB, we pride ourselves on our ability to seek out the best technology and partnerships to combine with our solution,” said Tim Nguyen, CEO of MeridianLink, the parent company of LendingQB. “This creates a competitive advantage for lenders that delivers a more meaningful experience to the people that really matter: borrowers.”

LendingQB provides solutions that help mortgage lenders reduce costs, maintain compliance and increase profitability, while still putting their customers first. This comes from LendingQB’s unique approach to loan origination system building -- layering its core platform with best-of-breed components to create the ideal solution for each lender.

About Author: Radhika Ojha

Radhika Ojha is an independent writer and editor. A former Online Editor and currently a reporter for MReport, she is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.
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