Content area
Full text
Retail and wholesale subprime lender First Franklin here plans to use the Blaze Advisor Solutions Suite to help direct its non-agency underwriting process.
The aim, the company said, is to "more effectively make loan approval decisions appropriate to individual applicant and corporate policies."
The move is part of First Franklin's efforts to establish a customized internal underwriting system that can process loans in real time based on business events rather than processing in batches based on predefined periodic runs.
Once implemented, the new automation is slated to be used to originate loans through World Wide Web self-service sites...