[By NBC-1TV H. J Yook]Moody’s Analytics, a unit of Moody’s Corporation (NYSE:MCO), announced today that it has agreed to acquire WebEquity Solutions, LLC. (“WebEquity”), a leading provider of cloud-based loan origination solutions for financial institutions.

The acquisition strengthens Moody’s Analytics’ position as a leader in loan origination software and bolsters its suite of award-winning risk management products for banks, insurance companies and corporations.

“WebEquity is a trusted provider of solutions that enable banks to improve the efficiency of their loan origination process while enhancing their risk management practices,” said Mark Almeida, President of Moody’s Analytics. “With its market leading software-as-a-service offering for community banks, WebEquity expands Moody’s Analytics’ portfolio of risk management solutions. Using multiple technologies, Moody’s Analytics and WebEquity offer powerful tools that meet the needs of the entire spectrum of financial institutions, from community banks to the world’s largest lenders.”