Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
MeridianLink updates platform for new reg requirements
COSTA MESA, Calif. (7/6/10)--MeridianLink has released a new loan origination and deposit platform that supports new industry regulations and rules, with features to facilitate compliance with new amendments to Regulation Z. MeridianLink incorporates open-end lending plan tracking, identification of places and automated linking of advance requests and trigger thresholds. It provides auto-calculations and warnings for high-cost mortgage loans and for higher-priced mortgage loans to support the new rules, which are effective Oct. 1. The new platform also features a built-in rate spread calculator for Regulation C. The account-opening side offers compliance with new Regulation E requirements, which became effective Thursday. Consumers can opt in or out of overdraft services while opening a deposit account online. The system also has XpressAccounts for account opening and funding, and LoansPQ, an intelligent loan management system. MeridianLink is based in Costa Mesa, Calif.


RSS print
News Now LiveWire
Large CU stress testing on the agenda for the April @theNCUA open meeting http://t.co/2TUcnmCmPi
50 minutes ago
#FinancialLiteracyMonth Test your college financial aid knowledge @nasfaa http://t.co/xgrDmHaw8W
8 hours ago
Join @theNCUA #NCUAchat with @KenWortheyJr on April 23 from 11am to 12pm EST http://t.co/TnNmfFh4Nl #FinancialLiteracyMonth
10 hours ago
Maine's patent troll bill has become law. Read more in Monday in @NewsNowLiveWire
13 hours ago
Wash. DFI discusses serving legal marijuana businesses with @NWCUA http://t.co/3kw79HJUYF
13 hours ago