JAUST launched a cloud-based automated underwriting platform designed to streamline jumbo and Non-QM mortgage originations.
Mortgage underwriting is the process a lender uses to determine whether to approve your mortgage application. During underwriting, a mortgage underwriter — who works for the lender — verifies and ...
If you develop or manage condominium or cooperative projects, you need to be aware of new Freddie Mac underwriting requirements Freddie Mac has promulgated new temporary underwriting requirements for ...
Despite 2020’s pause in originations and securitizations, the 2021 outlook for non-QM lending is promising. In fact, a recent report from S&P Global estimates that “non-QM issuance volumes will return ...
Even as lenders make significant investments in new technology and digital infrastructure, they continue to struggle with increasing costs per loan and time-to-close metrics. With AutomatIQ Borrower, ...
Among the lengthy list of state and federal regulators, legislative bodies, and agencies that oversee residential lenders, one can’t forget the FTC (Federal Trade Commission). We were reminded of that ...
On Wednesday February 22, 2023, the National Association of Insurance Commissioners (“NAIC”) Accelerated Underwriting (A) Working Group (the “working group”) exposed for a 45-day comment period draft ...
A corrected link to the document, in full, that governs NPR's sponsorship practices. Back in 2012, the Ombudsman's web page posted a document titled NPR Underwriting Credit Guidelines. It was the ...