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Training Catalog: Course Description

Graphic Course: Web Conference TrainingLoan Product Advisor Feedback Results Graphic
       
  Description:    
 

Loan Product Advisor® is the evolution of our automated underwriting system, Loan Prospector® . It is the cornerstone of the Freddie Mac Loan Advisor Suite® . Loan Product Advisor is the next generation of Freddie Mac's automated underwriting system with an eye on helping to further streamline the underwriting process for greater efficiency.

In this session we'll take a close-up look at the completely redesigned Loan Product Advisor feedback certificate. You'll see specific, actionable underwriting and feedback messages and how they are organized. We will review the new cash-to-close feedback messages which provide specifics on the funds a borrower needs to close and the borrower's asset amounts that need to be verified. We'll give you a look at the "data visualization" features of the system that help you identify and understand results quickly; the new results summary; and you will see how you can now print one section or the entire Feedback Certificate.

 
       
  Prerequisites:  
 
  • This session is for Freddie Mac-approved Seller/Servicers ONLY, and not for the general public
  • Optionally, in advance, participants may wish to attend the live webinar Loan Product Advisor Functionality
  • Course materials will be e-mailed to attendees prior to the start of the session
 
       
  Objectives:    
  To obtain an overall understanding of the results returned by Loan Product Advisor and what they mean to you.  
       
  Topics:  
 
  • Review the types of results that Loan Product Advisor returns
  • Review the Loan Product Advisor Feedback Certificate
  • Review new features and functionality



Session times show Eastern Time zone