Sentences with phrase «enabled loan underwriting»

29) FICO srcoring enabled loan underwriting to decouple from the local bank investigating the character of the borrower.

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Previously, she was the CFO for KIPP DC and prior to that she underwrote development loans to charter schools in DC, NC, and TX that enabled schools to expand their operations by purchasing new buildings or funding significant real estate expansion.

Automated Underwriting: Automated underwriting is a computer - based approach that enables a lender to process a loan application more quickly, efficiently, and objectively — and use more sophisticated measUnderwriting: Automated underwriting is a computer - based approach that enables a lender to process a loan application more quickly, efficiently, and objectively — and use more sophisticated measunderwriting is a computer - based approach that enables a lender to process a loan application more quickly, efficiently, and objectively — and use more sophisticated measure of risk.

The presence of this guarantee enables financing to be more widely available to veterans, it also allows for more favorable underwriting guidelines when compared to traditional loans.

Automated Underwriting: A computer - based method that enables mortgage lenders to process a loan application more quickly by using credit scores and other loan application data to make a recommendation on whether or not to extend a mortgage loan.

Artificial intelligence — Advances in automated underwriting and credit - risk analyses — such as taking into account traditional as well as nontraditional factors to determine an applicant's ability to pay, regardless of income — have enabled lenders to uphold credit quality when making loans to low - income borrowers.

As a direct mortgage lender, we offer local Texas underwriting which enables our underwriters to make quicker decisions and process our loans quickly.

Less than a year after enabling higher debt - to - income (DTI) ratios for certain mortgage borrowers, Fannie Mae is adjusting its underwriting standards to address the risk associated with many of these loans.

The interface enabled brokers to price, lock, underwrite, and receive loan status, while drawing loan documents within Point or from a website linked to Point.