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.
This session is for Freddie Mac-approved Seller/Servicers ONLY, and not for the general public