Sentences with phrase «underwriting standards in place»

So with these new underwriting standards in place, the added reserve requirements simply aren't needed.

What's interesting about the FHASecure program is that it leaves underwriting standards in place with one notable exception: A more liberal standard for those with toxic loans who have late or missed payments after the mortgage has re-set.

Not exact matches

Questionable underwriting standards enabled mortgage lenders to place some borrowers in sophisticated products they could not afford.

Since the 2008 financial crisis, certain safeguards were put in place that resulted in more stringent underwriting standards for lenders and borrowers.

The difference is in underwriting standards to issue the policy in the first place, how they pay claims, and the price charged for coverage.

Our main operations are specialty insurance, which provides coverage for hard - to - place risks that generally do not fit in the underwriting criteria of standard insurance carriers.

The difference is in underwriting standards to issue the policy in the first place, how they pay claims, and the price charged for coverage.

«This underscores the importance of mortgage availability to creditworthy home buyers, and the need to return to the safe, sensible underwriting standards that were in place before irresponsible lending led to the boom and bust cycle,» Phipps said.