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MeridianLink acquisition helps lenders recapture denied leads
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In partnership with Credit Mountain, the company now offers MeridianLink Pathway, which will help lenders provide declined borrowers with a personalized and compliant route to loan approval.
"Through MeridianLink Pathway and the future launch of MeridianLink Coach, we're helping community financial institutions transform the loan decline experience," MeridianLink CEO Larry Katz said in the release.
"Together, these solutions help financial institutions create more paths to yes, improve financial outcomes and build trusted relationships that extend far beyond a single lending decision."
Credit Mountain's capabilities have already been integrated into MeridianLink Consumer, a loan origination system, according to the release.
The collaboration gives mortgage customers using MeridianLink's loan origination system access to Optimal Blue's product, pricing and eligibility solutions directly through the origination platform.