FAST RESPONSE
When an originator uses Desktop Originator to submit a loan electronically to
Desktop Underwriter through a sponsoring lender, the
lender and originator receive an underwriting recommendation
within minutes. Instead of responding to the client in
days or weeks, the originator can inform the borrower within minutes, providing an
enormously valuable service to borrowers who may be anxiously waiting to
know if they can proceed with their transaction. In some cases, this can
mean advising the client in the originator's office during the initial visit,
truly at "point of sale".
This allows the originator to stay competitive in today's
technology-driven marketplace.
?2001 Fannie Mae. All rights
reserved. Desktop Originator is a registered
trademark of Fannie Mae.
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