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December 2007
In This Issue...
What's New Mortgage Products Underwrite and Process with Loan Prospector Sell & Deliver Loans Service Loans Training and Education

Faster funding options help you quickly address year-end funding strategies

Whether you’re seeking funds to offer more mortgages to your borrowers or looking to swap for mortgage-backed securities to reduce your risk-based capital, our selling system offers faster funding solutions with flexible contract options designed to help you realize your business strategies at year end.

With our cash executions, you can:

  • Get faster funding, often within the same day as certification (if certified by noon) and realize improved cash management capabilities.
  • Receive funding twice a day, or choose to receive funding during mornings or afternoons for improved mortgage pipeline management.
  • Settle loans individually within a contract, as they become ready, to streamline your secondary market functions.
  • Easily manage funding parameters, such as your funding date, wire instructions, and warehouse lender for greater contract flexibility.

With our Guarantor executions, you can:

Choose either our 3- or 4-day Gold Rush funding option to receive your securities faster than our standard 5-day settlement cycle and increase your process efficiencies. This option is available through fixed-rate Guarantor and WAC ARM Guarantor executions through the selling system.

With our MultiLender Swap executions, you can:

Leverage our 1-day Gold Rush® funding option through the selling system to deliver your loans up to the day before settlement and quickly replenish your funds.

For more information


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