Friday Harbor, an AI-powered platform that helps loan officers build compliant loan files in real time, announced this week that its AI Originator Assistant can now assess loans against lender and investor overlays in addition to standard program guidelines.
The update aims to give lenders greater control over credit quality and secondary market performance by embedding these requirements directly into origination workflows.
Overlays, or extra rules layered on top of standard guidelines, help lenders manage risk and ensure loans meet investor expectations. Those selling into the secondary market can use overlays to meet multiple investor standards, while portfolio lenders can details ⇒
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