{"id":2186,"date":"2015-09-15T15:27:53","date_gmt":"2015-09-15T15:27:53","guid":{"rendered":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/?p=2186"},"modified":"2019-11-06T14:53:17","modified_gmt":"2019-11-06T14:53:17","slug":"credit-reporting-innovation","status":"publish","type":"post","link":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/credit-reporting-innovation\/","title":{"rendered":"Credit reporting innovation"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">The complexity of credit reporting has increased dramatically.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Fannie Mae now requires that specific trade lines be consistently<br \/>\nverified and newly introduced credit comments such as &#8220;consumer<br \/>\ndispute&#8221; and &#8220;short sale&#8221; be addressed prior to receiving Fannie Mae&#8217;s<br \/>\nautomated approval.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Other items such as tracking costs across multiple<br \/>\nbranches, accepting consumer credit card payments and real-time tracking<br \/>\nof all credit related orders means your credit reporting process<br \/>\nis a critical component of maximizing workflow efficiency and minimizing<br \/>\ncosts.<\/span><\/p>\n<p>In order to maximize these efficiencies, reduce costs, and ensure compliance, lenders&#8217;<\/p>\n<p class=\"p1\"><span class=\"s1\">credit reporting capabilities should be able to:<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u00a0<\/span><\/p>\n<ul>\n<li><span class=\"s1\">Identify troublesome comments automatically,<br \/>\n<\/span><\/li>\n<li><span class=\"s1\">Instantly creating required &#8220;Letters of Explanation&#8221;,<br \/>\n<\/span><\/li>\n<li><span class=\"s1\">Ensure individual loan officers are responsible for their own<br \/>\ncharges,<br \/>\n<\/span><\/li>\n<li><span class=\"s1\">Provide detailed cost accounting dashboards to minimize<br \/>\nexpenses,<br \/>\n<\/span><\/li>\n<li><span class=\"s1\">Track all open verification and re-scoring orders in real time.<\/span><\/li>\n<\/ul>\n<p class=\"p1\"><span class=\"s1\">\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">To learn how you can make these credit reporting innovations part of your credit reporting process, click on the link provided below. \u00a0<\/span><\/p>\n<p><strong>Publisher: Cogent Road<\/strong><br \/>\n<strong>Date:<\/strong>\u00a0September 2015<\/p>\n<p><a href=\"http:\/\/marketing.housingwire.com\/acton\/formfd\/4321\/0054:d-0002\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2063 size-full\" src=\"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-content\/uploads\/sites\/2\/2014\/03\/btn_click2view.png\" alt=\"btn_click2view\" width=\"148\" height=\"32\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The complexity of credit reporting has increased dramatically.\u00a0 Fannie Mae now requires that specific trade lines be consistently verified and newly introduced credit comments such as &#8220;consumer dispute&#8221; and &#8220;short sale&#8221; be addressed prior to receiving Fannie Mae&#8217;s automated approval.\u00a0 Other items such as tracking costs across multiple branches, accepting consumer credit card payments and [&hellip;]<\/p>\n","protected":false},"author":686,"featured_media":2187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[59],"coauthors":[80],"class_list":["post-2186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lending","tag-top-picks"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/sandbox.housingwire.com\/knowledge\/credit-reporting-innovation\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Credit reporting innovation","url":"http:\/\/hw-media-develop.go-vip.net\/knowledge\/credit-reporting-innovation\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/hw-media-develop.go-vip.net\/knowledge\/credit-reporting-innovation\/"},"thumbnailUrl":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-content\/uploads\/sites\/2\/2015\/09\/300x300.jpg?w=250&h=250&crop=1","image":{"@type":"ImageObject","url":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-content\/uploads\/sites\/2\/2015\/09\/300x300.jpg"},"articleSection":"Lending","author":[{"@type":"Person","name":"HWknowledge"}],"creator":["HWknowledge"],"publisher":{"@type":"Organization","name":"HW Knowledge Center","logo":""},"keywords":["top picks"],"dateCreated":"2015-09-15T15:27:53Z","datePublished":"2015-09-15T15:27:53Z","dateModified":"2019-11-06T14:53:17Z"},"rendered":"<script type=\"application\/ld+json\" class=\"wp-parsely-metadata\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Credit reporting innovation\",\"url\":\"http:\\\/\\\/hw-media-develop.go-vip.net\\\/knowledge\\\/credit-reporting-innovation\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/hw-media-develop.go-vip.net\\\/knowledge\\\/credit-reporting-innovation\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/hw-media-develop.go-vip.net\\\/knowledge\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2015\\\/09\\\/300x300.jpg?w=250&h=250&crop=1\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/hw-media-develop.go-vip.net\\\/knowledge\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2015\\\/09\\\/300x300.jpg\"},\"articleSection\":\"Lending\",\"author\":[{\"@type\":\"Person\",\"name\":\"HWknowledge\"}],\"creator\":[\"HWknowledge\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"HW Knowledge Center\",\"logo\":\"\"},\"keywords\":[\"top picks\"],\"dateCreated\":\"2015-09-15T15:27:53Z\",\"datePublished\":\"2015-09-15T15:27:53Z\",\"dateModified\":\"2019-11-06T14:53:17Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/sandbox.housingwire.com\/p.js"},"jetpack_featured_media_url":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-content\/uploads\/sites\/2\/2015\/09\/300x300.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/posts\/2186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/users\/686"}],"replies":[{"embeddable":true,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/comments?post=2186"}],"version-history":[{"count":1,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/posts\/2186\/revisions"}],"predecessor-version":[{"id":2907,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/posts\/2186\/revisions\/2907"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/media\/2187"}],"wp:attachment":[{"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/media?parent=2186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/categories?post=2186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/tags?post=2186"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/hw-media-develop.go-vip.net\/knowledge\/wp-json\/wp\/v2\/coauthors?post=2186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}