The Federal Housing Administration (FHA) is cracking down on riskier mortgages. The agency will put a larger share of mortgages through a more strenuous, manual underwriting process, after telling ...

When applying for a mortgage, lenders typically use one of two methods for underwriting: automatic or manual. Manual underwriting often offers higher acceptance rates for applicants with complex ...

Downpayment assistance programs are available to first-time homebuyers across the country in the form of more than 2,400 such offerings at the local and state levels, but they have not had an ...

Candor Technology’s AI-driven Loan Engineering System is being integrated with Freddie Mac’s AIM Check API. The link-up focuses on automating income calculations for W-2 borrowers and supporting more ...

When you apply for a mortgage loan, you’re asking to borrow money from a lender. Lenders use the mortgage underwriting process to assess how risky it is to provide you with that loan. In the same way ...

The Federal Housing Administration announced on Wednesday the launch of its first automated underwriting system that will allow lenders to submit loan application data electronically for single family ...

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AllRegs, an information provider for the mortgage lending industry, has announced Feb. 6, 2008 as the launch date for their Fundamentals of FHA Underwriting course. The instructor-led online course ...

If you’re getting ready to apply for a mortgage, a machine is likely going to take charge of the first steps of the underwriting process. Technology can help a lender determine if it should approve or ...

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 ...