Freddie Mac has a New Tool That Can Shorten Loan Processing by 15 Days?
Tool Can Shorten Loan Processing by 15 Days? February 17, 2022 Freddie Mac has a new “automated method” to analyze incomes based on direct deposits. Up to 93% of borrowers could see a quicker loan-process timeline. WASHINGTON – Freddie Mac is launching an automated method for lenders to assess prospective borrowers’ income paid through direct deposits.