We’re updating Loan Product Advisor® (LPASM) to help you increase homeownership opportunities for low- and moderate-income borrowers and those in underserved communities. This new enhancement considers positive cash flow in a borrower’s account transaction data in the LPA purchase eligibility assessment.

Click here to view the borrower cash flow assessment feedback messages effective for new loan submissions or resubmissions on and after November 6, 2022.

Full Details in Bulletin 2022-23

Check out full details of this LPA enhancement in the Seller/Servicer Guide (Guide) Bulletin 2022-23.