Fraud and misrepresentation remain persistent challenges in the mortgage industry and Freddie Mac is responding by bringing Quality Control Advisor Plus to the market, a tool which automates this compliance function.The tool is currently in a phased onboarding process with plans to make it available to all lenders by year-end, including the participants in Freddie Mac's performing loan repurchase alternative pilot. Participants in this pilot have a 26% lower non-acceptable quality loan rate compared with t ...