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Freddie Mac Adds Loan Closing Advisor, Loan Product Advisor, Brand New Functionality to Loan Advisor Suite(SM) for Summertime Rollout

Freddie Mac Adds Loan Closing Advisor, Loan Product Advisor, Brand New Functionality to Loan Advisor Suite(SM) for Summertime Rollout

Freddie Mac today announced it really is including tools that are new abilities — Loan Closing Advisor(SM), Loan Product Advisor(SM), and Business Intelligence — to Loan Advisor Suite. With the previously established Loan Collateral Advisor(SM), these tools and applications make Loan Advisor Suite a flexible, end-to-end loan delivery solution that increases loan provider effectiveness and offer early in the day understanding of representation and guarantee relief.

Anticipated to begin a rollout that is phased summer time, Loan Advisor Suite was created to offer Freddie Mac clients immediate access to loan data and Freddie Mac’s complete selection of loan manufacturing and delivery tools either through just one sign-on portal and/or their loan origination system.

As soon as finalized on, loan providers can go seamlessly involving the Loan Advisor Suite functionalities these are generally credentialed to make use of and commence using the actionable feedback they get. This can assist lenders resolve manufacturing dilemmas online payday loans no credit check through the loan production procedure prior to the loan closes or perhaps is delivered.

“We designed Loan Advisor Suite with loan providers to simply help lenders concentrate their resources on certain regions of possible risk, thereby increasing their effectiveness and possibly reducing their costs — all while supplying greater certainty in regards to the quality of these loans,” stated Andy Higginbotham, senior vice president and mind of Single-Family Strategic Delivery at Freddie Mac. “Together we attained our shared goal to offer our clients greater certainty, usability, dependability and effectiveness in manufacturing quality mortgages.”

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