Polly and MeridianLink Partner to Help Mortgage Lenders Improve Scale and Profitability in Today’s Market
November 07 2023 - 9:05AM
Business Wire
Bi-directional integration grants users the
option to select preferred point of entry/record, making mortgage
processes faster and more efficient for lenders and consumers
alike
Polly, a leading provider of innovative mortgage capital markets
technology, announces bi-directional integration with MeridianLink,
Inc. (NYSE: MLNK), a leading provider of modern software platforms
for financial institutions and consumer reporting agencies. For
more than two decades, MeridianLink® Mortgage has provided the
flexibility that lenders require to close loans and scale
efficiently. Through this partnership, lenders can easily access
Polly’s robust product, eligibility, and pricing options directly
from within the MeridianLink environment, and can leverage the
cloud-native, state-of-the-art capabilities of both platforms to
streamline and enhance internal mortgage operations.
Purpose-built in the cloud and for the cloud, Polly’s Product
and Pricing Engine (PPE) is designed to maximize margins and
facilitate speed, accuracy, and confidence across all loan pricing
and lock processes. Integrating MeridianLink’s end-to-end loan
origination system (LOS) with Polly’s revolutionary engine enables
lenders of all types and sizes to ingest MeridianLink Mortgage loan
pipeline data directly into the Polly engine in real time, and vice
versa. By also embedding the Polly UI experience into
MeridianLink’s LOS, users can access the PPE from both the loan
pipeline view and individual loan pages. This bi-directional
approach gives users ease of access as well as the option to select
their preferred, single point of entry/record to lock loans and
manage re-locks, lock extensions, price exceptions, mortgage
insurance quote writebacks, and more.
“In today’s market, lenders are looking for an edge to speed up
their responsiveness and boost operations with modern, tech-forward
solutions,” said Megan Pulliam, SVP of MeridianLink® Marketplace.
“This partnership combines the power of MeridianLink and Polly to
support savvy lenders who are focused on the agility and scale of
their sales, lock desk, and capital markets teams. This integration
is another strong example of MeridianLink growing our high
performance, connected ecosystem to exceed our customers’
expectations.”
Because both platforms are built on a cloud-native,
high-performance infrastructure, users benefit from added speed and
connectivity, removing solution silos and improving the end
consumer experience.
“Polly’s scalable solutions are purpose-built to evolve with a
lender’s needs and support their unique business strategies - today
and tomorrow,” explained Parvesh Sahi, Chief Revenue Officer at
Polly. “We are happy to engage in this partnership with
MeridianLink, as we share a mutual passion and commitment to drive
innovation and automation throughout the entire loan life cycle and
ultimately, deliver high-impact solutions to industry
participants.”
For more information about Polly, please visit polly.io.
About MeridianLink
MeridianLink® (NYSE: MLNK) powers digital lending and account
opening for financial institutions and provides data verification
solutions for consumer reporting agencies. MeridianLink’s scalable,
cloud-based platforms help customers build deeper relationships
with consumers through data-driven, personalized experiences across
the entire lending life cycle.
MeridianLink enables customers to accelerate revenue growth,
reduce risk, and exceed consumer expectations through seamless
digital experiences. Its partner marketplace supports hundreds of
integrations for tailored innovation. For more than 20 years,
MeridianLink has prioritized the democratization of lending for
consumers, businesses, and communities. Learn more at
www.meridianlink.com.
About Polly
Polly has revolutionized the mortgage industry with its modern,
data-driven capital markets ecosystem. Banks, credit unions, and
mortgage lenders nationwide trust Polly’s Product and Pricing
Engine (PPE), Loan Trading Exchange, and actionable data and
analytics to automate and optimize the entire capital markets value
chain, helping their secondary teams operate faster, smarter, and
more profitably. Polly was founded in 2019 by a seasoned team of
technology and mortgage experts and is headquartered in San
Francisco, California. To learn more, follow Polly on LinkedIn or
visit www.polly.io.
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Media requests and inquiries:
Samantha MacKendrick Polly smackendrick@polly.io
415-212-8469
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