Credit Information Systems provides merged credit reports which allow access to one, two or all three credit repositories in an easy to read format.
UDM reduces repurchase risk, supports Fannie Mae’s Loan Quality Initiative and helps keep closings on track. UDM monitors the borrower’s credit activity from the original credit file pull all the way to closing.
- Streamline your underwriting and quality control (QC) efforts
- Improve the confidence level of investors, mortgage insurers and regulators in your mortgage underwriting practices
- Enhance the quality of your new mortgage loan originations
- Alerts allow you to be proactive rather than reactive
- Alerts allow you to address issues at occurrence rather than a few days before closing
- Alerts eliminate loans sooner to reduce processing costs