HAUS R&D is the innovation unit within HNMA. A number of
professionals within this unit are in charge of analyzing the
Hispanic and other immigrant markets and developing unique loan
programs and the necessary origination technology to increase
liquidity and improve efficiency in the origination of these loans.
The Hispanic Automated Underwriting System (“HAUS”) is an automatic underwriting system created with the Hispanic borrower in mind. HAUS significantly improves the originating efficiency for non-traditional loans while providing standardization for a market that has traditionally not had it. It is based on years of research, and significant investments to produce a culturally sensitive hybrid decisioning model – quantitative and qualitatively strong. HAUS incorporates more comprehensive consumer data and uses alternative
sources of information. It also has the ability to take in non-SSN
borrower information as well as multiple borrowers and multiple
jobs/incomes per borrower. HAUS - Approved loans find liquidity
through the
HNMA Funding Company.
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