Fannie Picks Keystroke Online Tech

Following an intensive search, Fannie Mae has picked Keystroke.com's product eligibility and pricing technology to enhance Fannie Mae's Desktop Originator on the Web. Fannie Mae will use Keystroke's decision technology to give lenders and brokers real-time determinations of the best loan for a particular borrower. "Working with Keystroke will help build our online presence by giving lenders and brokers the tools they need to offer a variety of products to meet their customer's needs," said Harvey Trimble, Fannie Mae's vice president of e-business solutions. "The technology allows lenders and brokers to receive real-time decisions on eligibility and availability via Desktop Originator on the Web, making the process faster and easier. This kind of speed and accuracy just isn't available offline." In 1998, the Seattle-based Keystroke.com began offering online borrowers a loan-eligibility decision that emulated Fannie and Freddie AU decisions with a very high degree of accuracy, based only on the information Web visitors input anonymously prior to submitting a formal loan application. Keystroke's website address is http://www.keystroke.com.