Will your mortgage application be approved? That depends on the outcome of mortgage underwriting. Mortgage underwriting is a crucial step of the homebuying process in which mortgage lenders decide ...

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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In December, AmTrust Title Insurance Company announced the hiring of seasoned underwriter Mary Shelley as its midwest region agency underwriter. We took the opportunity to talk to Shelley, who has 35 ...

FHA Commissioner David Stevens wrote to the industry today. He discusses over exuberant underwriting standards, lender accountability, and sustainable homeownership. Below are his comments. I called ...

FHA is reversing an earlier decision to remove the rule requiring manual underwriting for mortgages with credit scores below 620 and a ratio of debt to income above 43 percent. The decision, conveyed ...

The Federal Housing Administration (FHA) has been insuring loans throughout the U.S. since 1934. These loans are popular with first-time buyers and those with lower incomes because the FHA is ...

After you apply for a mortgage, lenders use a process called underwriting to determine whether to approve or deny your loan. The underwriting process typically takes between 40 and 50 days to complete ...

The majority of mortgage applications are processed with automated technology, but lenders can use manual mortgage underwriting for more complex financial situations. If you have a limited credit ...