April 25, 2023 Release Notes
Last updated
Last updated
Starting with this release, Revvin offers its clients to select the number of bureaus from which they want to obtain a credit run. Until now, all clients had to run tri-merges from Revvin.
With this new update, each client will be able to choose how many credit bureaus they want to call when running credit as well as selecting which bureaus they want to use.
Value to Clients: More flexibility around credit pulls
Leveraging this Feature: Clients that want to start using this feature should contact us at support@revvin.com.
The Federal Housing Finance Agency (FHFA) has recently announced changes in the redesign and recalibration of upfront fee matrices for some of its loans, both purchase and refinancing. In accordance with the new guidelines, to reflect these changes we have updated the credit score buckets in the Quick Quotes section of the Landing Pages.
Value to Clients: Our platform is updated with the latest Fannie Mae's and Freddie Mac's requirements.
Leveraging this Feature: This feature will be enabled for all Clients using the Quick Quote widget without configuration.
From now on, our Clients can select two new column options in the Pipeline. The new data points are:
LOS Current Milestone or application Lender Milestone that is active
Cell Phone Number
Clients can choose to add these new fields as new columns in their pipeline. Clients can also choose to have these as new filters in the pipeline. Lastly, clients can choose to have these new data points in their CSV Download of their pipeline.
Value to Clients: These new columns allow Lender Hub users to track the Borrower’s progress and other relevant information, which will increase the LO productivity.
Leveraging this Feature: Clients that want to add any of these data points to their pipeline, filters and/or CSV downloads should contact support@revvin.com
| New Credit Score Options | Previous Credit Score Options |
|---|---|
780 & Up
740 & Up
760 - 779
720-739
740-759
700-719
720-739
680-699
700-719
660-679
680-699
640-659
660-679
620-639
640-659
619 or lower
639 or lower
