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Following an intensive search, Fannie Mae has picked Keystroke.com's product eligibility and pricing technology to enhance Fannie Mae's Desktop Originator on the Web.
Fannie is using Keystroke's decision technology to give lenders and brokers real-time determinations of the best loan for a particular borrower.
"I think for Fannie it creates the ability to associate a price and eligibility to a product either prior to submission to DU or after," Keystroke chairman Joe Hausauer told Mortgage Technology. "It helps them figure out whether a loan enquiry should even go to DU by running it through our system."
Lenders can change their product offerings and eligibility rules at any time using Keystroke's administrative Eligibility Engine...