Blue Sage Solutions Digital Lending Platform Becomes First Loan Origination System to Fully Integrate Fannie Mae’s Income Calculator | PR Newswire [Video]

API-enabled integration modernizes and automates income calculation, simplifying the mortgage process for lenders while delivering a modern borrower experience

, /PRNewswire/ — Blue Sage Solutions, a leading provider of innovative, end-to-end mortgage technology, announced today that it is the first loan origination system (LOS) to fully integrate Fannie Mae’s Income Calculator. This API-enabled integration, directly initiated from the LOS, streamlines income calculation for borrowers with income from self-employment or business ownership, enabling faster, more accurate mortgage approvals for lenders.

One of the key benefits of this integration is that Fannie Mae offers rep and warrant relief on the income calculations generated by their tool. Lenders can confidently rely on the accuracy of the qualifying income amount returned by Fannie Mae’s Income Calculator, reducing the risk of future loan buybacks due to income calculation errors. By integrating this feature directly into Blue Sage’s Digital Lending Platform, lenders can not only improve processing times, they can also reduce compliance risk …