McLEAN, Va. (4/4/16)--Starting this summer, Freddie Mac customers will have quick access to loan data and a full array of loan production and delivery tools under an updated Loan Advisor Suite.
The new tools are designed to provide a “flexible, end-to-end loan delivery solution that can increase lender efficiency and provide earlier insight into representation and warranty relief,” according to Freddie Mac's announcement last week.
Lenders will be able to use either a single sign-on portal or access the system through their loan origination system.
Once signed on, lenders can move between the Loan Advisor Suite functionalities they are credentialed to use and start applying the actionable feedback they receive. This will help lenders resolve production issues during the loan manufacturing process before the loan closes or is delivered.
The new tools and capabilities include:
All of the new tools and capabilities will be integrated as part of Loan Advisor Suite, along with Freddie Mac's existing loan production tools.
Freddie Mac is a CUNA Strategic Services strategic alliance provider.