Newrez LLC ("Newrez"), a top five mortgage lender and servicer, announced today a strategic investment in HomeVision to ...
The deal comes as technology experts see likely 2026 artificial intelligence breakthroughs in mortgage to come through ...
Last October, Fannie Mae announced it would make Collateral Underwriter, its proprietary appraisal analysis application, available to lenders early this year. Fannie Mae framed its announcement by ...
The mortgage experience can be complex and time-consuming, and the smallest of errors could drastically impede the process. This clear need for a comprehensive suite of solutions that address ...
From Urban Dictionary: Pist, adv: "Not to be confused with pissed, pist can be used as an adverb, or interjectionally to describe something as extremely good, or bad. Whether it's meant to be taken as ...
Collateral. You aren't the only one who's being evaluated during the loan underwriting process -- lenders also want to make sure the home you're buying meets their standards. Some loan programs may ...
CoreLogic launched its new digital Title and Closing Solution, which reflects enhancements to its Complete Collateral product. The company looks to continue to work towards an end-to-end digital ...
With the addition of Fannie Mae's Collateral Underwriter (CU), Fannie Mae has updated appraisal underwriting rules. In December 2014, Fannie Mae removed the requirement that if comparable sales ...
Mortgage underwriters are the fact-checkers of the home loan approval process, ensuring that the financial picture you portrayed in your application and the documentation you provided are accurate.
A borrower will not be granted a refinance unless he proves he can qualify for the new terms. To approve a refinance request, the loan must be underwritten from scratch. The borrower will provide the ...