Sentences with phrase «bank loan underwriters»

Many bank loan underwriters can not get past a bad credit score to look at the positive factors that could offset the risk in a loan.

Not exact matches

The group of banks participating in the term loan A has been expanded from the original eight underwriters to 25, with more expected to join before the syndication is completed in the next week, the people said.

What is more surprising is that Goldman, also a wholesale bank that serves as an underwriter for some of the most promising alternative finance technology IPOs, will be competing with alternative lending technology platforms that facilitate similar types of loans.

It's the bank's employees — loan processors, underwriters, and staff — who are in control of the loan once it leaves the mortgage broker's office.

You want the loan, but you do not want to use the bank or its affiliate as the company's securities underwriter.

However, the decision on whether to fund the loan is still completely in the hands of the underwriter at the bank, not due to any regulatory control or to specific rules in place.

The underwriter decides based on whether the loan will be profitable or not for the bank to offer (and subsequently re-sell the loan at a later point to another lender).

On the other hand, a pre-approval entails the lender gathering all necessary documentation — your tax returns, bank statements, pay stubs, and more — packaging the loan, and submitting the file to an underwriter for review.

One last perk if you're in a rush: Your loan may go through quickly, since the bigger banks have in - house underwriters and large teams to process loans.

Fannie had charged $ 30 to use Desktop Underwriter, though it gave a $ 5 discount if the GSE ended up buying the loan, according to David Lykken, managing partner of the consulting firm Mortgage Banking Solutions.

She began her career in banking in 2009 and exceled at various positions within the mortgage industry: Bank Support Analyst, Underwriter and Loan Document Specialist.

When you apply for a loan with a traditional bank your application is sent up the ladder to some faceless underwriter in the corporate office.

The reason debt is attractive is because the underwriter or the bank worked closely with the company and decided they could make the loan and the firm would repay it.

The bank's VA approved underwriter must verify that the borrower meets the requirement for a military loan.

Document Types: Foreign financing general; foreign banks; Exchange Fund Account; Government of Canada foreign loans issued; standby credit facilities; Canada bills; interest rate and currency swaps; Yankee Bond buyback program; foreign underwriters.

The Magic Circle firm advised Citi, Rand Merchant Bank, Standard Bank and Standard Chartered as lead arrangers and acted as underwriters of a USD 800 million syndicated loan for the Kenyan government.

Business Development: Brokering various business dealings that further the diversification of Indian economies Developing and accessing commercial financial programs and services for tribal governments, including tax - exempt offerings and federally - guaranteed housing loans Serving as issuer or underwriter's counsel in tribal bond issuances Ensuring tribal compliance with Bank Secrecy Act and other federal financial regulatory requirements Handling federal and state income, excise, B&O, property and other tax matters for tribes and tribal businesses Chartering tribal business enterprises under tribal, state and federal law Registering and protecting tribal trademarks and copyrights Negotiating franchise agreements for restaurants and retail stores on Indian reservations Custom - tailoring construction contracts for tribes and general contractors Helping secure federal SBA 8 (a) and other contracting preferences for Indian - owned businesses Facilitating contractual relations between tribes and tribal casinos, and gaming vendors Building tribal workers» compensation and self - insurance programs Government Relations: Handling state and federal regulatory matters in the areas of tribal gaming, environmental and cultural resources, workers» compensation, taxation, health care and education Negotiating tribal - state gaming compacts and fuel and cigarette compacts, and inter-local land use and law enforcement agreements Advocacy before the Washington State Gambling Commission, Washington Indian Gaming Association and National Indian Gaming Commission Preparing tribal codes and regulations, including tribal court, commercial, gaming, taxation, energy development, environmental and cultural resources protection, labor & employment, and workers» compensation laws Developing employee handbooks, manuals and personnel policies Advocacy in areas of treaty rights, gaming, jurisdiction, taxation, environmental and cultural resource protection Brokering fee - to - trust and related real estate and jurisdictional transactions Litigation & Appellate Services: Handling complex Indian law litigation, including commercial, labor & employment, tax, land use, treaty rights, natural and cultural resource matters Litigating tribal trust mismanagement claims against the United States, and evaluating tribal and individual property claims under the Indian Claims Limitation Act Defending tribes and tribal insureds from tort claims brought against them in tribal, state and federal courts, including defense tenders pursuant to the Federal Tort Claims Act Assisting tribal insureds in insurance coverage negotiations, and litigation Representing individual tribal members in tribal and state civil and criminal proceedings, including BIA prosecutions and Indian probate proceedings Assisting tribal governments with tribal, state and federal court appeals, including the preparation of amicus curiae briefs Our Indian law & gaming attorneys collaborate to publish the quarterly «Indian Legal Advisor ``, designed to provide Indian Country valuable information about legal and political developments affecting tribal rights.

We have extensive leveraged finance capability, delivering integrated bank / bond advice to underwriters and issuers, advising a wide range of non-bank investors and funds on all leveraged finance trends, including senior / bridge / bond commitments, private high yield and evolving intercreditor arrangements; as well as on new financing originations, restructuring, refinancing, distressed acquisitions, non-performing loan portfolio acquisitions, private equity and special situations.

The scheme collapsed and the bank brought proceedings against the underwriters seeking more than # 11.3 m in respect of outstanding loans relating to some 5,500 unsuccessful claims that were admitted into the scheme.

Underwriters have to evaluate the client's potential to pay back the creditors; to grant or to disapprove the client's request of loans, insurances or mortgage or assess the customer's bank situation and his accounts.

Mortgage underwriter resume objective 4: To be able to deliver my role as an efficient and responsible mortgage underwriter and help the bank fund money to the borrower and keeping track of the loan or funds taken from it.

~ J.R., Bank Branch Manager, Loan Originator, Processor, Underwriter, April 2013

Tags for this Online Resume: banking, commercial lending, consumer loans, sales, marketing, mortgages, sales force, witness, encompass, creativity, compliance expert, underwriter, processor, lender, banker, mortgage banking, branch management, area sales manager, regional sales manager, vice president

Mortgage brokers are the link between the bank and the prospective house owners, and mortgage underwriters are the ones who must study the data given to them about the client, and decide if the client should be given a loan.

PROFESSIONAL summary Loan Underwriter III with more than 20 years of progressive and diverse experience in the residential, consumer and banking industries.

Credentials: • Management and supervisory skills • Strong Mortgage Banking background • Computer proficiency: • Windows • Microsoft Office • Desktop Underwriter (FHA, VA, Conventional) • Loan Prospector

Wells Fargo Bank, Phoenix • AZ 2004 — 2006 Consumer Loan Underwriter I Efficiently responded to customer inquiries and credit decisions and effectively reviewed, analyzed, approved and underwrote routine individual consumer requests and products ensuring company and industry guidelines.

Consolidating information from banks, appraisal / title companies and related organizations to prepare loan documents for Underwriter review.

Professional Experience Trojan Home Loans -LRB-????, CA) 2010 — Present Senior Loan Processor / Manager Carter Capitol, Smart Tax Resolution -LRB-????, CA) 2008 — 2010 Case Underwriter Citi Home Equity -LRB-????, CA) 2006 — 2008 Wholesale Account Executive Wilmington Finance -LRB-????, CA) 2003 — 2005 Wholesale Account Executive Ditech.com -LRB-????, CA) 2002 — 2003 Senior Loan Processor Indymac Bank -LRB-????, CA) 2000 — 2001 Senior Loan Processor / Processor Manager Mortgage Company -LRB-????, CA) 1997 — 2000 Operation Manager MRL / FOCUS (Cypress, CA) 1993 — 1997 Clinical Scientist, Microbiology Nichols Institute (San Juan Capistrano, CA) 1992 — 1993 Clinical Scientist, Toxicology

My loan officer said I couldn't be more qualified for the loan, but I wasn't «seasoned» with the bank yet as I had just closed on my first property two months prior, and the underwriter was apprehensive about me moving so quickly.

Real Estate Investing Motivation Quotes Warren Buffett Recommends Rental Properties Analyzing Note Deals — How A Bank Underwriter Does It Construction Loan Draw Schedule — Excel Download Free Bank Negotiating -LSB-...]

I am testing the Dodd Frank act at present to see if any underwriters will bite the bullet and make a mortgage loan to someone who can not afford it, 10 consumers have sent in mortgage applications to the major banks and just waiting to see whether the banks will break the law or abide by the law.

The Bureau received over 2,800 comments on the TILA - RESPA proposal during the comment period from, among others, consumer advocacy groups; national, State, and regional industry trade associations; banks; community banks; credit unions; financial companies; mortgage brokers; title insurance underwriters; title insurance agents and companies; settlement agents; escrow agents; law firms; document software companies; loan origination software companies; appraisal management companies; appraisers; State housing finance authorities, counseling associations, and intermediaries; State attorneys general; associations of State financial services regulators; State bar associations; government sponsored enterprises (GSEs); a member of the U.S. Congress; the Committee on Small Business of the U.S. House of Representatives; Federal agencies, including the staff of the Bureau of Consumer Protection, the Bureau of Economics, and the Office of Policy Planning of the Federal Trade Commission (FTC staff), and the Office of Advocacy of the Small Business Administration (SBA); and individual consumers and academics.

When underwriters verify funds in your bank account, they want to make sure the money sitting in there is actually your money and not a personal loan from a family member or friend to be paid back.