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Training Catalog: Course Description

Graphic Course: Web Conference TrainingCollateral Representation & Warranty Relief Graphic
       
  Description:    
 

As of April 3, 2017, you now have immediate certainty related to collateral representation and warranty relief on the property value, condition and marketability on eligible Loan Product Advisor® loans you deliver to Freddie Mac through the Selling System® .

Attend this interactive 90-minute webinar to learn how to take advantage of this offering, and receive a comprehensive look at how it works and how eligibility information is displayed throughout our Loan Advisor Suite® . You'll also learn about the automated collateral evaluation: an option to receive an appraisal waiver for certain Loan Product Advisor mortgages.

 
       
  Prerequisites:  
 
  • Simultaneous access to the Internet (to receive the visual presentation) and a telephone (to receive audio)
  • Course materials will be emailed to attendees prior to the start of the session
 
       
  Objectives:    
 

At the end of this session you will have a better understanding of how this offering utilizes the UCDP and Loan Advisor Suite tools to provide end-to-end feedback messages regarding collateral rep and warranty relief eligibility as the loan file moves through the loan origination and delivery processes.

 
       
  Topics:  
 
  • Understand the loan eligibility requirements
  • Learn how UCDP seamlessly integrates with Loan Collateral Advisor to provide eligibility messages
  • Discover how the collateral rep and warranty messages are displayed throughout our Loan Advisor Suite