new solutions

Compliance Software Accommodates Regs Z, C and E Requirements

Costa Mesa, Calif. | www.meridianlink.com

The latest release of MeridianLink's loan origination and deposit platform supports new industry regulations and rules, including the new amendments to Regulation Z. The system incorporates open-end lending plan tracking, identification of plans (online/ in-branch) and automated linking of advance requests and trigger thresholds. The system also provides auto -calculation and warnings for high-cost mortgage loans (HOEPA/Section 32) and for higher-priced mortgage loans (HPML/Section 35).

In addition, the new platform release features a built-in rate spread …