Asset and Income Modeler (AIM) Capabilities

AIM is a capability within Loan Product Advisor^® (LPA℠) that automates the assessment of borrower assets, income and employment for lenders. The chart below is a summary of AIM capabilities, but it is not a replacement or substitute for the requirements in the Freddie Mac Single-Family Seller/Servicer Guide and other Purchase Documents.

	Assets	Income	Employment
Description	Assess total assets using asset account data from financial institutions.	Assess income using different data sources: direct deposits from asset account data, employment data and tax data.	Automate employment verification to meet 10-day PCV requirement, using direct deposits in asset transaction data or employment data.
Data Sources	Asset Report*	Asset Report (+ Paystub) Payroll Report Tax Returns Tax Transcripts	Asset Report Payroll Report
Eligible Sources	Checking Savings Money market Investment accounts Retirement accounts Gifts and grants	Base Bonus/OT/Commission Social Security and pension Military Child support/alimony VA disability Sole-Proprietorship Partnership S-Corporation	Wage income Military
Potential Representation and Warranty (R&W) Relief	Sufficiency of assets to cover the "Total Funds to be Verified" amount Accuracy and integrity of data	Accuracy of income calculation Accuracy and integrity of data Business and income analysis	No R&W relief, but meets 10-day PCV requirement
API Options
AIM Check for Account Data	✕	✕	✕
AIM Check for Payroll Income		✕
AIM Check for Employment	✕		✕

*Rent Payment History and Cash Flow Assessment

Lenders ordering an asset verification report also get the benefit of borrower cash flow assessment and rent payment history from asset account data which may positively impact the Loan Product Advisor^® risk assessment.

Asset and Income Modeler (AIM) Capabilities

*Rent Payment History and Cash Flow Assessment

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