Get a copy of all signed and executed
documents at origination closing.
Not exact matches
As the recent housing bubble progressed, the profile of mortgage
originations changed, so that
at the very peak of the housing bubble, new
originations took the form of Alt - As (low or no requirement to
document income) and Option - ARMs (teaser rates, with no required principal repayments).
· Upon receipt of travel
documents or confirming itinerary, please verify the travel dates,
origination and destination cities and travelers» names to ensure they are the same as shown on the valid proof of identification that will be displayed
at the time of check - in.
Worked with external clients
at all levels to provide system access for [company name] proprietary applications including
Origination and Underwriting System (OUS),
Document Management System (DMS) and various applications used for the purpose of underwriting multifamily loans.
Mrs. Nonas has 17 years of combined experience; worked
at Moody \'s Investors Service covering the entire spectrum of mortgage backed securities products and small balance commercial loans;
at WestLB and Barclays Capital, was the mortgage lead on the risk management team underwriting over $ 15 billion in mortgage financing facilities, established warehouse lines of credit, reverse repurchase agreements, Asset - Backed Commercial Paper (ABCP) conduits and other credit facilities for subprime mortgage originators and servicers; developed a process to conduct and
document on site due diligence
at the counterparty \'s
origination and servicing base of operations.
Those fees are sometimes referred to as
origination points and are disclosed in a blizzard of
documents and fees that most home buyers face
at closing.
There are numerous other disclosures and
documents,
at the federal and state level, that must be provided to a consumer or multiple consumers depending on the type of loan, the type of lender, and
at a specific time during the loan
origination process.
Signing Requirements of Lenders
at Origination: There are two
documents of concern to a mortgage lender: the note, which defines the borrower's payment obligations; and either a mortgage or deed of trust, depending on state law, which gives the lender the right to acquire the property through a foreclosure process if the borrower defaults on the payment obligation.