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First Run
The "First Run" is an important feature that initiates the automated underwriting system (AUS) for a specific loan in the AUS Sandbox. Users can initiate this by clicking on the "First Run" button. However, this button is only visible and enabled ...
Run LPA
When the Loan Product Advisor (LPA) successfully completes its initial run for a loan in the AUS Sandbox: The AUS tracking system will be updated to include an entry for the LPA. This means that the system records that the LPA has been run for the ...
Run DU
When there is a successful run for DU (Desktop Underwriter), a few important updates are made: AUS Tracking Updated with the DU Findings: The Automated Underwriting System (AUS) tracking is updated with the findings from the Desktop Underwriter. This ...
Run Both DU/LPA
The AUS Sandbox updates several crucial aspects after a successful DU (Desktop Underwriter) and LPA (Loan Process Advisor) run. AUS Tracking Update: The AUS Sandbox makes an entry for both DU & LPA in the AUS tracking. This helps keep a record of all ...
AUS Sandbox and Features
AUS Sandbox simultaneously runs both Fannie Mae's Desktop Underwriter (DU) and Freddie Mac's Loan Process Advisor(LPA). AUS Sandbox provides lenders with comprehensive risk assessments, helping them make informed decisions about loan approvals. The ...