Credit Radar™ – A “crystal ball” look into mortgage applicant credit, scores and FNMA LQI risk
Credit Radar is a new automated credit analysis tool that instantly identifies critical credit and score issues without digging through the actual credit report. Credit Radar combines revolutionary credit intelligence into an easy-to-read page that is delivered automatically with every credit report… (View a sample report.)
Gain critical insight into key information alerting you to items that impact approval decisioning, rates/terms and perhaps most importantly, exposure to last minute FNMA LQI problems. Credit Radar gives you the ability to identify mid-score trends resulting from common credit-related events occurring prior to closing.
When combined with Credit Technologies ≥Comply™ service, Credit Radar provides the early warning component of a FNMA LQI / FACTA Red Flag solution.
The automated credit assessment tools contained in Credit Radar makes credit report review faster and easier and helps avoid surprises later in the lending process…
“Credit Radar functions as a FNMA LQI Stress-Test, identifying potential FNMA LQI problems up-front at the time of application.”
- Mid-score trend indicator, including Credit Assure projections (* if Credit Assure is active on account.)
- Revolving balance “stress-testing” (a critical FNMA LQI tool)
- Alerts you to authorized user accounts that may impact underwriting
- Identifies disputed accounts prior to FNMA/FMAC submission
- <10 payment remaining installment account alert
- Highlights credit bureau alerts, simplifying FACTA Red Flag compliance
Credit Technologies is providing Credit Radar free of charge to all clients July 10, 2010 through August 31, 2010. Thereafter it’s available at the cost of $0.95 per applicant. For more information on Credit Radar or any other Credit Technologies product or service, please contact your Business Analyst, or call 800.445.4922.
©1990-2010 Credit Technologies and the delta logo are registered trademarks of Credit Technologies, Inc. – All Rights Reserved. CreditXpert® and Credit Radar are trademarks of CreditXpert Inc.
