Month: June 2010

image description

Month: June 2010

New Credit Refresh Functionality

by William DiPaolo

We’ve updated our Funding Suite application to help mortgage originators easily comply with Fannie Mae’s new loan quality initiative. The basic idea was that Fannie Mae wants originators to check that the loan applicant has acquired any new debt obligations prior to funding. If so, the new debt to income ratio could trigger a provision forcing the […]

Read more.