The September 23, 2024, ECO® release includes several enhancements that expand your view of potential opportunities to make home possible.
Expanding Credit Opportunities (Borrower Cash Flow/Rent Payment History) Dashboard
We’ve updated the dashboard with new metrics that enable you to gain a better understanding of your total opportunities. You’ll also see the advantages of leveraging the borrower cash flow and rent payment history capabilities in Loan Product Advisor® (LPASM).
Home Possible® Opportunities Dashboard
We’ve added the ‘Fee Type’ capability in the loan level detail export, which helps you get a more detailed view of potential cost-saving opportunities.
These updates are now live in ECO. Log in today to check them out and review the ECO release notes for more information.
Have you had the chance to check out Clarity Data Intelligence®, our data visualization platform? Clarity’s dashboards and tools leverage public data from Freddie Mac’s Single-Family Loan-Level Dataset (SFLLD), Freddie Mac’s Credit Risk Transfer (CRT) deals, and government sponsored enterprise (GSE) securities data. Clarity can help users easily analyze and draw meaningful insights from our vast data disclosures on mortgage and security performance, review credit attributes – like debt-to-income (DTI), FICO® score, loan-to-value (LTV), etc. – and performance (delinquency, losses, prepay) across all our CRT deals by relevant stratifications, filters and more.
Don’t miss out on Clarity’s powerful functionality and extensive data. Learn more.