A government sponsored enterprise which buys and securitizes mortgages for resale in the secondary market and sets standards
for mortgage loan underwriting.
If you negotiated a short sale of your home, you may be surprised to learn that
some mortgage loan underwriting systems can't distinguish short sales from foreclosures on consumer reports.
But according to recent news reports,
some mortgage loan underwriting systems are unable to distinguish short sales from foreclosures on consumer reports.
In general, credit scores are critical in
the mortgage loan underwriting process.
AREAS OF EXPERTISE *
Mortgage Loan Underwriting * Jumbo & Super Jumbo Loans, * Purchase / Refinance Analysis * Credit Approval Purchase & Refinance Approvals * Conventional, Nonconforming, * Industry Networking * Staff Mentoring / Training HARP, Purchase Loans * Problem Analysis / Resolution * Policy, Process & * FHA, VA Processing * Superior Customer Service Methodology Development * Bond, Down Payment * New Business Development...
Areas of Expertise: *
Mortgage Loan Underwriting * Risk Identification & Mitigation * GSE Repurchases & Appeals * Team Leadership * Auditing & Quality Control * Fraud Investigation * Due Diligence * Analysis & Problem - Solving * SAR Reporting * Anti-Money Laundering * Guidelines & Regulations * Workshops & Training Sessions
In general, credit scores are critical in
the mortgage loan underwriting process.
Conventional loans are those made by mortgage lenders and most often refer to
mortgage loans underwritten to guidelines issued by Fannie Mae or Freddie Mac.