We’ve been busy adding a new enhancement and updating feedback messages that help you serve more qualified borrowers.

With the holiday season right around the corner, get up to date now with the latest Loan Product Advisor® (LPASM) enhancements, including:

  • Positive cash flow in a borrower’s account transaction data is now considered in LPA’s purchase eligibility assessment, as announced on November 7.
  • Multiple feedback message updates about the following topics in LPA have gone into effect this month:
    • Automated collateral evaluation (ACE) – effective November 4.
    • LPA asset and income modeler (AIM) for income using direct deposit – effective November 10.
    • Aligning with gift funds changes announced in Seller/Servicer Guide (Guide) Bulletin 2022-18effective November 16.
    • Aligning with manufactured housing with Freddie Mac Affordable Seconds® updates announced in Guide Bulletin 2022-15effective November 16.

For more details, check out the November LPA release notes and the full list of November 2022 feedback messages.