Extend Modification for Disaster Relief

Providing relief to those in need. Now.

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Why CLARIFIRE® for Extend Modification?

With the November 2017 announcement by Fannie Mae of a new modification program - Extend Modification for Disaster Relief - Mortgage Servicers must prepare to assist impacted borrowers, while also meeting compliance obligations. 

Clarifire, with its workout decision engine, the CLARIFIRE CALCULATOR®, is one of the first to comply with this new announcement and provide you the ability to evaluate a borrower's eligibility for this new post-disaster forbearance mortgage loan modification.  This complete loss mitigation solution also provides direct connectivity to Fannie Mae's Servicing Management Default Underwriter (SMDU™) for all workouts including Extend Mod and Flex Modification, coupled with end-to-end automated workflow.

Schedule a demo today and let us show you how the CLARIFIRE low-code workflow platform delivers full loss mitigation lifecycle workflow to our customers, including automated workload distribution, and business rules logic to mitigate the potential compliance risks with new regulatory processes.


 

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Your key to success is coupling your workout underwriting calculations with workflow.

Workflow Automation eBook

Beat your competition to Extend Modification automation ... with connectivity to SMDU!