Tag: Freddie Mac
Fintech Innovator, Argyle is now an approved service provider supporting Freddie Mac’s AIM
eNewsChannels NEWS: -- Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, is now an approved third-party service provider supporting Freddie Mac's Loan Product Advisor® (LPA℠) asset and income modeler (AIM), a solution that simplifies the mortgage underwriting process for lenders. Argyle's verification of income and employment (VOIE) solution, which includes reports, pay stubs and W-2s, saves lenders 5-7 days per loan and 60-80% in costs compared to legacy VOIE providers.
In D.C., The Mortgage Collaborative Advocates for Lender Concerns at Federal Housing Agencies During June Visits
eNewsChannels NEWS: -- The Mortgage Collaborative (TMC) hosted its second Advocacy Committee trip to Washington, DC June 4-6, 2024, with 13 of its IMB and depository Lender Members meeting with key federal agencies, including the Consumer Financial Protection Bureau (CFPB), the U.S. Department of Housing and Urban Development (HUD), Ginnie Mae, Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac to discuss the impact of recent and upcoming policy changes on small to mid-size lenders.
Vice Capital Markets is one of the first Freddie Mac-integrated Secondary Market Advisors integration with Income Limits API
eNewsChannels NEWS: -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration with Freddie Mac's Income Limits application programming interface (API).
Mortgage Capital Trading, Inc. (MCT), is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits
eNewsChannels NEWS: -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, is pleased to announce it is the first secondary marketing platform to integrate with Freddie Mac's Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits. Income Limits allows for the accurate pricing of Credit Fee in Price (Exhibit 19, or "Credit Fees") waivers.
Mortgage lenders can now use FormFree AccountChek to satisfy Freddie Mac assessment of income requirement for loan applicants paid through ADP
eNewsChannels NEWS: -- FormFree® today announced that mortgage lenders can now use AccountChek® to automate income assessment using Freddie Mac Loan Product Advisor® (LPA℠) asset and income modeler (AIM) for borrowers who are paid through ADP.
Vice Capital Markets is one of the first to release API for Freddie Mac Cash Purchase Statement
eNewsChannels NEWS: -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration for Freddie Mac's Cash Settlement Purchase Statement application programming interface (API).
MCT’s award-winning capital markets platform, MCTlive!, is the first to integrate with Freddie Mac’s Cash Settlement Purchase Statement API
eNewsChannels NEWS: -- MCT's award-winning capital markets platform, MCTlive!, is the first to integrate with Freddie Mac’s Cash Settlement Purchase Statement API. This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Freddie Mac purchase data directly, instead of waiting to run reports through a Loan Origination System (LOS).
Fair Lending Industry Leader Jeff Jaffee joins Housing Finance Strategies as Senior Advisor
eNewsChannels NEWS: -- Housing Finance Strategies Founder & CEO Faith Schwartz today announced she has recruited industry veteran Jeff Jaffee to join her firm as a Senior Advisor focusing on fair lending and consumer protection compliance.
FormFree announces support for new Freddie Mac Loan Product Advisor enhancement
eNewsChannels NEWS: -- FormFree® announced that mortgage lenders using AccountChek® verification of asset (VOA) reports in conjunction with a Freddie Mac Loan Product Advisor® (LPA℠) solution will soon benefit from an enhancement that takes loan applicants' 12-month on-time rent payment history into consideration when assessing eligibility for qualified first-time homebuyers.
FormFree AccountChek digital asset verification joins forces with Freddie Mac for automated assessment of direct deposit income
eNewsChannels NEWS: -- FormFree® today announced that its AccountChek® digital asset verification service will support a first-of-its-kind solution from Freddie Mac that allows mortgage lenders to assess a prospective homebuyer's income using direct deposit data. Available to mortgage lenders nationwide, Freddie Mac's Loan Product Advisor® (LPASM) asset and income modeler (AIM) solution fulfills mortgage verification of assets (VOA) and verification of income (VOI) requirements.
