Financial institutions that leverage Origence, a CU Direct brand, now have better access to CARFAX data through a new partnership between the companies announced on Thursday.

The expanding network of financial institutions using the Origence consumer loan origination system (LOS) for indirect auto financing now can get CARFAX Vehicle History Reports with just one mouse click.

The Origence consumer LOS is a comprehensive loan origination system designed to improve the lending experience for both consumers and lenders for a variety of loan products, including indirect auto financing largely driven by its connection to the CUDL network.

“The landscape of auto finance is changing, and we recognize the value and need for delivering a simplified, streamlined lending process for credit unions and their members,” Origence vice president of strategic alliances Aleks Bogoeski said in a news release.

“As a result, we’ve joined forces with CARFAX to provide auto lenders with the ability to easily access vehicle history information, paving the way for an improved lending experience,” Bogoeski continued about this development that arrived about a month after Origence finalized integration with Black Book.

Meanwhile for CARFAX, this new integration follows partnerships between the company and other LOS providers, enabling scores of auto finance companies to seamlessly access CARFAX Vehicle History Reports and the VIN-specific CARFAX History-Based Value within their LOS for use in underwriting, title research, skip-tracing, remarketing and more. The information is all derived from robust database of more than 25 billion vehicle history records

“For more than 35 years, CARFAX has been helping auto lenders and their customers more accurately assess a specific vehicle’s value based on its installed equipment and unique history,” CARFAX banking and insurance group general manager David Lackey said

“Getting an accurate value is important for risk management and avoiding fraud. Working with partners like Origence, we’re transforming the way lenders approach the loan approval process,” Lackey went on to say.