Halcyon Launches Dual-Source Tax Data Integration with Freddie Mac AIM to Automate Self-Employed Income Assessment

New updates have been reported about Halcyon.

Halcyon has expanded its integration with Freddie Mac’s asset and income modeler, making its TrueTax platform the first solution to deliver a combined dataset of borrower-supplied tax returns and IRS transcripts for self-employed income assessment within Loan Product Advisor. By feeding this dual-source data into AIM, Halcyon enables lenders to automate complex self-employed income calculations while simultaneously validating documents against IRS records to reduce fraud and manual underwriting effort.

The company’s IRS-direct integration and AI-driven document intelligence allow TrueTax to extract income from uploaded returns, cross-check it with IRS transcript data, and deliver verified inputs for AIM’s automated assessment and potential representation-and-warranty relief on data accuracy. Halcyon positions this as an industry-first, targeting a historically labor-intensive borrower segment, with expected benefits including lower processing costs, faster cycle times, more consistent calculations for lenders and underwriters, improved access to credit for self-employed borrowers, and higher-quality loan data for investors; the enhanced TrueTax capability is approved for immediate use by Freddie Mac sellers.