Solving the Post-Close Challenge with Intelligent Automation

Join our upcoming webinar as SoftWorks AI CEO and Avanze CEO explore the advances in tech that allow for greater levels of automation and cost reduction, especially in support of post-close and pre-fund review.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

The 100-years-war over real estate commissions

HousingWire plunges down the rabbit hole of residential real estate commissions, uncovering the past, present and future of this wholly unique part of the economy.

How borrower education can make housing more attainable

The current housing market is making it difficult for prospective buyers to afford a home. Housing professionals need to find ways to better meet buyer needs.

Awards

2020 HW Tech100 Mortgage winner: Freddie Mac

AIM eliminates the need to manually input tax return information

Loan Product Advisor asset and income modeler for self-employed is Freddie Mac’s solution for automating a lender’s income assessment of this growing borrower segment. AIM eliminates the need to manually input tax return information and perform the income calculation. It is also the only fully integrated AUS income and asset assessment solution covering asset and income for W2 and self-employed borrowers.

  • Eight to 10 day reduction in time from application to close
  • One bank in Kansas City reduced cycle time from 33 to 22 days on conventional loans
  • Same bank also reduced the number of loans needing income changes — from application to underwriting — from 60% of the time to less than 2% since adopting AIM for self-employed.

http://www.freddiemac.com

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3d rendering of a row of luxury townhouses along a street

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