Blue Sage Solutions announced Thursday that its Blue Sage Digital Lending Platform will now be used by Merchants Bank to power the latter’s newly launched Jumbo Correspondent Lending program.
The Blue Sage Digital Lending Platform is designed to handle the entire mortgage lifecycle in a single fully integrated environment. Built natively in the cloud and leveraging an open API framework, the platform delivers unmatched configurability, automation and data transparency for lenders of all sizes.
Merchants Bank hopes that with the adaptation of Blue Sage’s platform, they will enhance efficiency, transparency and scalability across the entire purchase process, for its new jumbo offering.
Blue Sage Solutions CEO Carmine Cacciavillani highlighted Merchants acceleration.
“Merchants Bank is a forward-thinking institution, and we’re excited to support their continued growth,” he said. “Our platform was built to help lenders, like Merchants Bank, deliver speed, scalability and control, while enhancing their ability to service their partners with confidence.”
This implementation marks the initial phase of a broader initiative for Merchants Bank. Over the next several months, they plan to roll out Blue Sage’s Digital Lending Platform across its wholesale and retail lending channels as well, furthering the bank’s commitment to a unified, digital-first strategy.
Merchants Bank President of Mortgage Jerry Koors praised Blue Sage.
“Our jumbo program is a strategic growth initiative for us,” he said. “We knew we needed a platform that could support both complexity and scale, and Blue Sage has delivered exactly that. The automation, transparency and flexibility of the platform gives our sellers a competitive advantage and gives us the confidence to expand further.”
