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