Freddie Mac picks SharperLending as its direct credit-reporting provider

Freddie Mac has partnered with fintech company SharperLending to offer data integration services that speed up the process of assessing mortgage data.

Through the integration, SharperLending will facilitate the borrower credit process to send data directly to Freddie Mac’s Loan Product Advisor and Loan Quality Advisor systems for assessment.

Additionally, the partnership will enable Freddie Mac clients to access and assess underwriting risk from a wider variety of loans from tens of thousands of retail lenders.

“SharperLending is honored to be selected as a direct credit-reporting company for Freddie Mac,” said Dave Black, founder and chief executive officer of SharperLending. “Our long history, our breadth and depth of knowledge as industry technologists, and our constant focus on driving innovation continues to be proven with this integration.”

The partnership also provides mortgage lenders with access to SharperLending’s contact information and its list of approved technical affiliates, allowing them to order new merged credit reports and reissue existing data.