Tag: LPA

Freddie Mac – LPA Feedback Message Updates – Effective October 2019 – Dated September 17, 2019

Written by: Lloyd Rutherford, Staff Writer Using LPA correctly is essential to a successful approval with the right conditions. Stay up to date on the latest LPA feedback messaging along with an updated credit risk pricing adjustment matrix. Rule Synopsis: Freddie Mac issued notification that they are updating Feedback messages effective October 1, 2019 to […]

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Freddie Mac LPA Functionality Guide – Dated September 2019, and LPA Feedback Message Cause and Resolution – Dated June 2019

Written by: Lloyd Rutherford, Staff Writer One of the greatest skills you can develop as an originator or underwriter is a thorough understanding about how your automated underwriting works. Read through this article and the accompanying guides to up your game! Rule Synopsis: Freddie Mac publishes two resource documents that can help create a better […]

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Freddie Mac- Multiple Selling Guide Updates – Bulletin 2019-9 – Dated May 1, 2019 [NEW Worksheet – Freddie Mac Verification of Funds for Income After Note Date]

Written By: Lloyd Rutherford, Staff Writer This month’s Freddie Mac Bulletin contains some little changes that could have a big impact on your business, so read through this article to stay up to date. Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus on the topics […]

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Freddie Mac – Loan Product Advisor Release Notes – Dated March 31, 2019

Written By: Lloyd Rutherford, Staff Writer A loan originator’s greatest talent may be understanding how to use the AUS systems.  The agencies provide ample information and resources to help you get it right the first time. This article highlights the release notes for March and April. Rule Synopsis: Freddie issues March update to Loan Product Advisor […]

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Freddie Mac – Loan Product Advisor Release Notes – Dated January 27, 2019 – Effective January 27, 2019

Written By: Lloyd Rutherford, Staff Writer With this release comes great news!  Freddie Mac is finally publishing release notes for LPA.  Anyone that uses Loan Product Advisor needs to read through the debut release. Rule Synopsis: Freddie Mac introduces their inaugural LPA Release Notes! Freddie also included a link to their Job Aid for Reminders […]

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