Brimma Tech, specializing in AI-driven solutions for the mortgage industry, has released the latest version of Vallia AUS Sandbox, a tool designed to streamline the mortgage underwriting process.
Vallia AUS Sandbox offers simultaneous risk and eligibility assessment capabilities with both Fannie Mae’s Desktop Underwriter (DU) and Freddie Mac’s Loan Product Advisor (LPA).
The Vallia AUS Sandbox provides lenders with comprehensive risk and eligibility assessments, enabling them to make more informed decisions about loan approvals.
By integrating the capabilities of DU and LPA, the Vallia AUS Sandbox allows for a more efficient underwriting process, potentially reducing the time and costs associated with mortgage origination.
Key features of Vallia AUS Sandbox include the following:
- Dual AUS Submission: Lenders can simultaneously submit to both DU and LPA, ensuring thorough risk evaluation.
- Scenario Creation and Comparison: Loan scenarios can be quickly and easily developed and assessed against the AUSs to ensure their viability. Once created, scenarios can be compared to ensure the best option is selected for the borrower.
- Automated Updates: Integration with Loan Origination Systems (LOS) ensures that all updates, findings, and recommendations are seamlessly incorporated into existing workflows.
- User-Friendly Interface: Designed with loan officers and underwriters in mind, the Vallia AUS Sandbox simplifies the submission process with intuitive navigation and clear prompts.
The Vallia AUS Sandbox is now integrated with Fannie Mae’s DU automated underwriting system, reinforcing its reliability and effectiveness in the field.
“Integrating with technology service providers can help advance a faster and more seamless loan origination process,” says Peter Skarnulis, vice president of single-family digital management solutions at Fannie Mae, in a release. “One that creates a better experience for consumers and lenders alike and is part of our continued focus on delivering value through the products and services that we offer.”
“The Vallia AUS Sandbox is a game-changer for the mortgage industry,” adds Mario DiBenedetto, president of Brimma Tech. “By enabling users to develop multiple loan scenarios and simultaneously submit them to both DU and LPA, we are providing lenders with a powerful tool to enhance their underwriting processes, reduce costs, and improve efficiency. This reflects Brimma’s commitment to delivering innovative solutions that address the real needs of mortgage professionals.”