eMASON Platform Certified for Fannie Mods
by AUSTIN KILGORE
Friday, August 14th, 2009, 11:23 am
Clearwater, Fla.-based mortgage software developer eMASON announced Fannie Mae (FNM: 0.00 N/A) certified its Clarifire software for loan modifications.
Clarifire’s financial calculator and loss mitigation rules engine were already Fannie Mae-certified for the HomeSaver Advance program and pre-foreclosure sales, and the company said it hopes to have it approved for Making Home Affordable Modification Program (HAMP) later this August.
The Web-based software automates the process of importing loans in bulk and generating workout option reports with minimum qualifications and certified workout options, automatically determining workout delegation and submission qualifications, the company said.
Write to Austin Kilgore.
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