Stearns Lending Selects CoreLogic to Accelerate Borrower Income Calculation and Analysis
Stearns Lending Selects CoreLogic to Accelerate Borrower Income Calculation and Analysis
CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced that Stearns Lending, LLC, a leading independent mortgage bank, has successfully integrated CoreLogics income calculation and analysis solution. Stearns adopted the innovative solution to specifically help their teams of underwriters and loan officers automate, streamline and standardize existing mortgage origination workflows at scale — ultimately accelerating their processes, improving the customer experience and reducing their cost per loan.
The direct integration of CoreLogics digital mortgage solution into our LOS will create efficiencies for our underwriters and will support a consistent calculation of more complex incomes that will lower our overall risk with investors, said Allyson Knudsen, Chief Risk Officer, Stearns. At Stearns, our mission is to help our loan officers, underwriters and borrowers be successful. Our focus on improving the income calculation and analysis workflow had that objective in mind. We are happy to be working closely with CoreLogic to make this an integral part of our loan origination process, demonstrating our commitment to ensuring their success, as we incorporate the most innovative tools at our disposal.