Informative Research has developed a solution to meet Fannie Mae’s June 1 Loan Quality Initiative (LQI) requirements, designed to “promote loan delivery data that is complete, accurate and fully reflective of the terms of the mortgage” including the requirement to evaluate all debts of the borrower up to the closing of the loan, and to review and evaluate the “inquiries” section of the credit report. Informative Research’s “PreCloseCredit” offers a comparison summary report that shows changes from the initial credit report. The summary specifically addresses all of FNMA’s LQI ‘undisclosed liability’ requirements including: changes in balances and payments, any new credit activity, inquiry tracking and recent changes in credit quality, each with the appropriate detail. Additionally, quick verification links are included to streamline the ordering of borrower and/or creditor verifications (for any or all inquiries) to identify whether any inquiries resulted in new open credit accounts. Informative Research’s “PreCloseCredit” is also unique in providing important client setting options – optional credit scores, format or full attached report--to best match the lender’s specific procedures regarding LQI. “There are a host of solutions out there that appear to address one or two parts of the new Fannie Mae LQI requirements," said Brad Kelso, executive vice president, sales and marketing for Informative Research. "Informative Research offers solutions to all of the requirements. In addition to undisclosed liabilities and inquiry requirements, Informative Research also offers borrower identity verification, validation of social security numbers, and validation of qualified parties to the transaction as specified in the LQI." For more information, visit www.informativeresearch.com.