The latest Loan Coverage Advisor® release offers greater insight into representation and warranty relief with the following enhancements:

  • Life of Loan Reason Details – The new Selling R&W Life of Loan Reason column displays the most recent event that has pushed the selling rep and warranty relief period to Life of Loan.
  • Search Enhancement – The new Selling R&W Life of Loan Reason column populates in exported search results for Seller/Servicer Number, Master Commitment Number or FM Loan Number, as well as for an Advanced Search.

Coming Soon

In July, Loan Coverage Advisor will have the capability enabled to display new collateral offering type details at a loan level in the Credit Risk Offsets section, including for loans using traditional (interior and exterior inspection) appraisals, desktop appraisals and ACE + PDR (automated collateral evaluation plus property data report).

Log in to Loan Coverage Advisor to check out these new enhancements or read the release notes for more information.