Merged Credit
Net Connect
XML Standards
Equifax Canada

Merged XML Credit Reports Available to Mortgage Bankers

MERit Systems provides software that can provide merged XML credit reports according to the MISMO standard developed by the Mortgage Banker's Association of America. The MERit Credit Engine cuts custom system development time for developers needing access to credit report data directly from Experian, Equifax, and TransUnion. With Microsoft SQL Server or IBM DB2 database technology, the "MCE" (TM) allows implementers to retain in-house control of their entire system without adding per-transaction costs.

The specification from the Mortgage Industry Standards Maintenance Organization MISMO covers loan origination, real estate services, secondary marketing, and servicing. The MERit Credit Engine's XML option provides data for the parts of the standard related to credit reports, including options for double or tri-merge as well as single-bureau retrieval.

Credit data is customarily delivered as credit reports, difficult to analyze by humans, and difficult for custom software developers to parse reliably. The MCE, in contrast, requests raw data from credit reporting agencies, converts it to a standard format, and inserts the subject's file into the local SQL database to simplify analysis and integration. The XML interface  capabilities take the standardization to another level, allow the data to be shared by participants in a loan transaction, within a network or across the Web. 

MERit Credit Systems, Inc. ( is a leading provider of desktop and server-based online credit report retrieval software for businesses requiring quick and effective access to credit information from Equifax, Experian, and Trans Union.

MISMO, ( is the XML standards group of the Mortgage Bankers Association.

MERit Credit Systems