CoreLogic announced the successful implementation of its income calculation and analysis solution through Freddie Mac's Loan Product Advisor® asset and income modeler (AIM) for self-employed solution. Calculating a self-employed borrower's income can be a complex process for those with multiple sources of potential income beyond a paycheck – especially when income is reported from different business structures, such as sole proprietorships, partnerships and s-corporations. CoreLogic's solution automates the document intake process for these different sources, analyzes them based on loan guidelines and then will automatically calculate the income.

The inclusion of AIM for self-employed showcases CoreLogic's industry leadership in delivering robust solutions that provide complete credit, income and borrower assessment, while establishing a broader path to growth in the digital mortgage space.