MeridianLink has released a new version of its loan origination, online account opening and deposit platform that the company said includes the ability to comply with a number of new federal rules.
The company said the new version would address changes in Regulations C, E and Z, among others.
Features in the Web-based XpressAccounts and LoansPQ systems include a built-in spread calculator to help meet HMDA's Regulation C, opt-in/out options for overdraft services to meet Regulation E and automatic calculations and warnings for high-cost mortgage loans to support compliance with Regulation Z.
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