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Freddie Mac helps lenders bring self-employed underwriting into the digital age 

May 09, 2019 10:58 amBy

Determining the stable monthly income used to qualify self-employed borrowers used to be a challenging, tedious, and mostly manual process. Freddie Mac is looking to change that with its new asset and income modeler, and clients are reporting significant improvements. One client reduced the time to approve self-employed borrowers by two thirds, which reduced closing times by about five days.

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