Fannie Mae Loan Quality Initiative tools
CIS has developed the following tools to help you meet the new Fannie Mae LQI

Comparison Report - This easy to read report will allow you to compare two credit files in less then 10 seconds.  Learn what balances have changed.  Are there new inquiries?  You will have the answers you need.  Click here to see a flyer

ID Guard - This report will check every credit file you run for fraud alerts, active duty alerts, credit freezes, social security alerts, address alerts, and other warning signs.  Click here for a sample of the ID Guard report.

Inquiry Verification - If our comparison report shows a new inquiry our customer service staff will determine if it resulted in a new loan for you.  All you need to do is send us a request.  Email service@cisinfo.net.

Soft Inquiry Refresh Reports - Lenders are requiring that you pull a reports up to 5 days before closing to determine if there have been any changes in the borrowers credit history.  With CIS, you can do this with a soft inquiry which is much more beneficial to the borrower then a  regular hard inquiry.

4506T Tax Return Verifications - Verify your borrowers income with our TRV service.  You can request the TRV right from the same page you order new credit from, and there is no more faxing the 4506-T.  You can upload it directly to our website for faster processing.  We will email you when the request is done. Click here to view a sample TRV or here to view a power point presentation on how to order.

Credit Score Tools - On July 26, 2010 Fannie Mae will require a score of at least 620.  We offer several products to help you reach that score.  Our Credit Assure product will show you the possible score increases available on every file you run.  Our CreditXpert Analyzer will show you a full analysis of a credit report and suggest ways for the borrower to increase their scores.  Our What If Simulator will allow you to hypothetically change balances and update accounts and show you what effect that will have on the score.  And when you combine these products with our Rapid Rescore tool it will be easier then ever to know how your borrowers can reach their goal.

If you have any questions or would like to sign up for any of these products please email info@cisinfo.net.