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January 2008
In This Issue...
What's New Mortgage Products Underwrite and Process with Loan Prospector Sell & Deliver Loans Service Loans Training and Education

Reminder: Loan Prospector's Merged Credit Report option billing transitioned to Credit Reporting Companies

On January 1, to assist you with reconciling your Freddie Mac Loan Prospector invoice, we have transitioned the invoicing of new merged credit fees, including Reference Number fees, from your monthly Loan Prospector invoice sent by Freddie Mac to the monthly invoice you receive directly from the credit reporting companies (CRC).

Increase the accuracy and flexibility of your Loan Prospector billing process 

This billing transition will make your accounting and reconciliation process easier by streamlining your Loan Prospector invoice to include only your automated underwriting service (AUS) fees. You can also work directly with your selected CRC(s) to explore additional billing options and various payment methods.

To ensure you receive your bill directly from your selected CRC in a timely fashion, please follow these helpful tips. It is important to note that, beginning January 1, 2008, if you have questions or issues about your merged credit charges, you'll need to contact your selected CRC.

Read more information about the Loan Prospector billing transition.


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