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Freddie Loan Advisor Suite Replaces Loan Prospector

freddie mac headquarters in mc

Freddie Loan Advisor Suite Replaces Loan Prospector

Freddie Loan Advisor Suite Replaces Loan Prospector. Bulletin 2016-03 (Dated February 17, 2016)

Rule Synopsis:

Freddie Mac has created what they are calling the “Loan Advisor Suite” – a suite of tools to better manage all facets of doing business with Freddie Mac. It includes:

  • Loan Product Advisor
    • The new name for Loan Prospector – along with other improvements described below
  • Loan Quality Advisor
    • Assessment of loan risk and purchase eligibility
  • Loan Collateral Advisor
    • Appraisal Risk Evaluations
  • Loan Closing Advisor
    • A tool to ensure the data aligns with the Uniform Closing Dataset
  • Loan Coverage Advisor
    • Tracks the rep and warranty timeframes and associated relief related dates
  • Selling System
  • Business Intelligence
    • Quick snapshots of your loan activity in interactive dashboards

Supporting Resources:

Freddie Mac Announcement – Loan Advisor Suite – Better Tools, Greater Certainty

(dated March 31, 2016)

 

 

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