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Rep and Warrant
The feature of Rep and Warrant conducts a comparison between the results and statuses of both DU and LPA. To see the comparison, users need to select "View" adjacent to Rep and Warrant in both the Submit Scenario and Previous Submission sections.
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 ...
Pre-validation
Pre-validation is a crucial step before running the Automated Underwriting System (AUS) for the first time on a specific loan in the AUS Sandbox. This feature checks that all mandatory fields required for the AUS to function correctly are not empty ...
Access Permissions and User Roles
The user roles within the Vallia AUS Sandbox application are established based on the permissions set in the Loan Origination System (LOS). Each role has a distinct set of features they can access within the AUS Sandbox. These roles provide varying ...
Update LOS
By clicking the "Update LOS" button, users can choose a specific scenario from AUS Sandbox. This action will update the Loan Origination System (LOS) with all modified details. It will also update the Rep and Warrant tracker form, AUS Tracking, and ...