Clarifire, a Web-based automated software to streamline mortgage modification workflow, is approved for Fannie Mae (FNM: 0.00 N/A) modifications through the Making Home Affordability Modification Program (HAMP).
The software is a product of eMASON, a Clearwater, Fla.-based tech company and is designed to streamline business processes, workout rules and results, the company said.
“HAMP is complicated, and eMASON has simplified and automated the process. We're extremely proud that Clarifire technology is helping Fannie Mae and its servicers outpace the pace of change,” said Jane Mason, president and CEO of eMASON.
Among the software’s features, it provides automated qualifications, submissions and closings, one-click decisioning, and automated generation of all HAMP letters, eMASON said.
Write to Austin Kilgore.
- Obama Signs First-Time Homebuyer Tax Credit Extension 27 comment(s)
- Housing Recovery is Spelled R-E-O 20 comment(s)
- Shadow Inventory To Peak in Summer of 2010: Barclays 16 comment(s)
- Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P 14 comment(s)
- For Consumers, Time to Shop (Until the Mortgage Drops) 13 comment(s)
- Peak House Prices Will Return to Sand States after 2025: Fiserv 12 comment(s)
- Bill Urges HVCC Moratorium 11 comment(s)
- HUD Allows 125% LTV in Home Affordable Refis 11 comment(s)
- Home Prices Will Not go up Anytime Soon, Say Analysts 11 comment(s)
- Malls, the Future of Housing? 10 comment(s)
