In addition, customers no longer have to visit the FHA Connection website for Case Number Assignment and CAIVRS
Authentication task management.
The integration of FHAC B2B services provides many benefits to lenders, including the automation of Case Number Assignments and Updates, CAIVRS
Authorization and Appraisal Logging.
We were able to instantly identify which loans were being shopped by brokers, easily correct any loans that required changes to their MIP [mortgage insurance premium] calculation factors, and eliminate the risk of having negative CAIVRS
[the Department of Housing and Urban Development's Credit Alert Interactive Voice Response System] results show up after initial checks.