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Fannie Explores New Workout Solutions for Borrowers 

May 06, 2009By

New, real-time data transmissions will help Fannie Mae [stock FNM][/stock] improve analytics and evaluate potential workout solutions for borrowers, especially those in the early-stages of delinquency. The information, powered by technology provider Fiserv, allows the agency to review borrower credit capacity in order to make more informed decisions about loan workouts. The Platform supports all retail loan types including mortgage, home equity, consumer and indirect financing so that a complete snapshot of borrower data is retrievable, regardless of loan type.

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