CoreLogic® announced that Stearns Lending, LLC has successfully integrated CoreLogic’s 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. CoreLogic’s income calculation and analysis solution features two customized view settings—one for loan officers and another for underwriters—providing different levels of detail to make it easier to guide the borrower through the process of qualifying income and perfecting documents. Loan officers are able to access reliable income calculations sooner in the process, reducing costly applicant fallout at later stages. As for underwriters, it automates and standardizes the income analysis process, delivering faster and more consistent income calculations across underwriting teams. In addition, it automatically tracks all income exceptions and comments with its comprehensive audit trail, producing an investor-ready summary document that details all borrower income sources, calculations and underwriter rationales for each loan file.