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MeridianLink Inc., a provider of lending software for financial institutions, launched MeridianLink Insight for Mortgage on Thursday. The new platform is designed to help mortgage lenders make faster, data-driven decisions using real-time benchmarking and borrower insights.
The system offers data collection and ready-to-use dashboards, reports and reporting tools that integrate directly with MeridianLink’s mortgage loan origination system. The company said the platform provides more than 60 dashboards and access to 2,000-plus data points.
Insight for Mortgage aims to mitigate and address common challenges facing financial institutions, including but not limited to siloed reporting systems, delayed decision making and difficulties using large volumes of data effectively.
“Financial institutions with robust data strategies are outperforming their peers,” JP Kelly, senior vice president of mortgage at MeridianLink, said in a statement. “Data capabilities that reduce silos, speed up decisioning, improve customer experience and ensure accuracy are critical to growth.
“With MeridianLink Insight for Mortgage, we are arming lenders with real-time, actionable insights to drive data-powered decisions across loan origination, account opening, and collections. Our centralized view of data scales to meet individual FI needs, and we’re providing a unified, accurate ecosystem that speeds responsiveness, strengthens customer relationships, and powers growth.”
Insight for Mortgage also enables lenders to benchmark their operations against peers, analyzing key metrics such as pull-through rates, processing times and credit scores.
The product announcement comes just two months after MeridianLink announced that it agreed to be acquired by funds advised by affiliates of Centerbridge Partners, L.P in an all-cash transaction that values the Company at an enterprise value of approximately $2.0 billion. The deal is expected to close in the second half of 2025 pending shareholder and regulatory approvals.
