
It moves the firm from numerous, disparate legacy systems to a single, end-to-end platform. The Selling System represents a redesign of Freddie Mac’s existing processes and technical infrastructure so that the organization can create new mortgages and new mortgage processes in days, not months, says Brian Stucky, enterprise rule steward. The objective? “Any loan, any customer, in a day.” So the firm set out to create a system that would meet the increasingly diverse needs of customers, respond to the rapid pace of market change and embrace the new possibilities created by technology.
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But in today’s increasingly technological age, Freddie Mac found that the legacy systems limit product innovation, hinder process improvement and prevent efficient business-to-business exchange.
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Statusfy before you can update via Statusfy.In-Depth Freddie Mac redesigns its processes to satisfy new customer needsĬongress-chartered Freddie Mac, with headquarters in McLean, Va., purchases single- and multi-family residential mortgages and mortgage-related securities to increase the supply of funds that mortgage lenders can make available to homebuyers and multi-family investors.įor years, the firm relied on a set of core legacy systems to meet daily business needs.

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