arrow-left Back to Announcements
DATE:
AUTHOR:
Harley
TABLE OF CONTENTS:
    Engineering Product

    AutomatIQ® Borrower | Income Analysis - Release Notes and Exciting News!

    DATE:
    AUTHOR: Harley
    TABLE OF CONTENTS:

      Production Deployment: June 17th, 2025

      Contents

      1. Wage Tolerance Settings in Task List

      2. Fannie Mae Schedule E Rental Amended Attestation Questions

      3. Source Document Links Available in Income Calculation Task List

      4. General Availability: Freddie Mac AIM Check for Payroll API

      1. Wage Tolerance Setting in Task List

      Income Analysis

      is happy to announce an informational enhancement to provide users with the calculation settings used within Income Analysis Wage Calculations. Incorporating feedback from existing clients, this update will provide users with an explanation of wage tolerances, which are the methodology of how the Income Analysis system calculates borrower's wage income calculations. This will allow for quicker reviews and more transparency for how wage income is calculated.

      In the Wage section of the Task List of the Income Calculation, a new gear icon on the black bar will be available entitled "Tolerance Settings":

      Clicking the gear icon will launch a popup which includes a breakdown of how the system handles specific wage income scenarios:

      This allows for quick review of the Wage Tolerances that are applied to each wage income analysis.

      Note that the Wage Tolerances do not apply to wage income that is submitted to the Freddie AIM for payroll program.

      The Tolerance Description describes the wage income scenario and how Income Analysis selects which calculation to use in the Baseline income.

      The Amount columns display the actual tolerance amount that is applied. For example, the system will use a paystub's current period monthly amount in Baseline unless the current period amount is 6% greater than the YTD monthly calculation.

      Note that within this section, if multiple documents contributed to a calculation, all documents of that type will be combined and presented in the PDF window pop-up.

      2. Amended Fannie Mae Schedule E Rental Attestation Questions

      Income Analysis made verbiage changes to the Fannie Mae Schedule E Attestation questions based on feedback from existing clients. This update will provide users with more clearer and simpler text so that they can more quickly fulfill and submit the Schedule E submissions to Fannie Mae's Income Calculator.

      After launching the Attestation Popup, users will see the reworded questions:

      3. Source Document Links Available in Income Calculation Task List

      Income Analysis has made further navigation enhancements to provide users with easier access to the original source documents used within Income Analysis Wage Calculations, now accessible via the Task List. This update will allow users to directly open the source PDFs for each calculation, directly through the Income Calculation Task List interface. This will allow for quicker reviews and more transparency on the source of data used within the calculations.

      In the Wage Summary task inside the Task List, for each document type utilized, a new PDF icon will be available next to the Total figure for the associated Employer Name:

       Clicking through the icon will launch a new tab or window (depending on your browser settings) displaying the associated document:

      This allows for quick side-by-side review of the data while leaving the user free to continue navigation within the Income Calculation interface.

      Note that within this section, if multiple documents contributed to a calculation, all documents of that type will be combined and presented in the PDF window pop-up.

      For clients who access Income Analysis through Encompass, clicking the PDF icon will launch a separate Encompass window for the document view, similar to browser functionality.

      Please note that this functionality is targeted to expand to other sections of the Income Analysis workflow, and any updates will be highlighted in future releases. If you have any questions, comments, or feedback on these changes, please feel free to click on the Feedback Button on the left side of this page.

      4. General Availability: Announcing Freddie Mac AIM Check for Payroll API Integration in AutomatIQ Borrower Income Analysis 

      We are pleased to announce the General Availability of the Freddie Mac AIM Check for Payroll API integration for digitized paystubs and W-2s, now accessible within AutomatIQ Borrower Income Analysis. 

      Introducing Freddie Mac AIM Check Integration for Payroll API 

      Freddie Mac AIM Check for Payroll API provides automated representation and warranty relief for base pay and variable income sources, including commission, bonus, overtime, and more, verified exclusively through pay stubs and W-2s. 

      This integration with AutomatIQ Borrower Income Analysis streamlines income evaluations, providing enhanced accuracy and efficiency. For personalized insights into verification cost savings for your organization, along with support for relief documentation requirements, please contact us. 

      Key Benefits of the Integration 

      • Enhanced Accuracy and Efficiency: Expedite income assessments with Freddie Mac's AIM Check for Wage API, reducing manual calculations and potential errors. 

      • Simplified Workflows: Seamlessly submit through AutomatIQ Borrower Income Analysis or within Encompass to optimize your workflow. 

      • Representation and Warranty Relief: Gain confidence in your calculations with Rep and Warrant relief, helping mitigate underwriting risks. 

      • Standardization Across Operations: Leverage consistent, Freddie Mac-approved calculation standards to ensure uniformity in income analyses, replacing manual methods. 

      Opting into the New Feature 

      To start using this innovative feature, you will need to complete the Freddie Mac AIM Check API Seller and Vendor Relationship Setup (Registration) Guide. 

      We’ve made this onboarding process seamless! The Digital Room features walkthrough videos and a detailed, step-by-step guide to help you complete the necessary forms and get started quickly. 

      Visit the resource center for all setup and walkthrough materials: 
      Access the Digital Room Here 

       (Click the image above to visit the digital room.) 

       

      Get Started and Support Resources 

      This powerful integration is now available to all opted-in AutomatIQ Borrower Income Analysis users. If you encounter any issues or have questions while setting up the new feature, we’re here to help: 

      We are committed to delivering tools that simplify processes, improve accuracy, and enhance the operational efficiency of your team. Thank you for choosing AutomatIQ Borrower Income Analysis for your income assessment needs. 

      TABLE OF CONTENTS: