provides round-the-clock point-of-sale access to fast underwriting outcomes through Countrywide's e-Approve, Fannie Mae's Desktop Underwriter(R) or Freddie Mac's Loan Prospector(R).
By empowering our business partners with CWBC
, we make it more attractive for them to do business with us and much easier for us to grow our market share.
Approved business partners have complete access to CWBC
features and services 24/7.
With these enhancements, CWBC makes the origination of subprime mortgages easier, faster and more efficient," noted Dal Porto.
Other benefits that Countrywide business partners have enjoyed while originating a broad range of conforming, jumbo fixed, expanded criteria and home equity loans through CWBC now apply to subprime programs, as well.
For further information about CWBC or becoming a Countrywide wholesale business partner, log onto cwbc.
Its Wholesale Lending Division serves mortgage professionals through a nationwide network of local branches and CWBC.
The success of CWBC demonstrates that savvy mortgage brokers and other third-party originators recognize the opportunities it provides for them to more effectively serve their customers and reduce costs in today's tightening market, while maintaining a reasonable profit," said Todd Dal Porto, Executive Vice President of Countrywide's Wholesale Lending Division.
CWBC provides automated underwriting, pipeline management, pricing, customized rate sheets and loan guidelines on a broad range of conforming, jumbo, expanded criteria, adjustable rate and second mortgage products.
Here are several other recent enhancements to CWBC.