ST. LOUIS -

Loan origination systems provider Financial Network and credit risk management solutions firm Clarity Services recently enhanced their relationship to incorporate Clarity’s new Clear Income Attributes report.

Officials highlighted FNI’s loan origination solutions will be strengthened as a result of Clarity’s new report. It’s the intention of both companies to streamline financial services providers’ abilities to gather important information used in determining credit and loan options.

Clear Income Attributes is intended to assist financial service providers in determining the stability of a consumer’s income, employment and housing. Clarity noted that its Attributes report can examine net monthly income over 90 days, 180 days and one year and can give important details regarding a consumer’s geographical location and employment.

FNI vice president of business development Heather Slyman pointed out that the company’s customized loan origination solutions can enable financial service providers to choose the key components that work best for them — and when combined with Clarity’s Attributes report — can gather data and make decisions faster and more efficiently.

“FNI proactively looks for ways to enhance our product offerings with value added services we believe to be good solutions for our customers,” Slyman said. “When lenders want to make more loans, incorporating data services like Clarity into their solution gives them the ability to lend more without adding additional risk to their portfolio.”