Revolutionary Tool for Homebuyers: Utilizing Positive Rent History
Revolutionary Tool for Homebuyers: Utilizing Positive Rent History
Probably sometime mid last year I started incorporating positive rent history and you know when we run our desktop underwriting findings Nations is making a firm commitment to try to utilize the program. The company had a training class and choosing data analytics to go through and identify those borrowers. They can figure out from the runs from Fannie Mae which loan has the ability to possibly use the positive rent history so that there is a trigger and we get an email that says you know you need to go back and review that file and make sure that you know you've tried to utilize that tool.
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