• Collateral: AI can analyze appraisal reports by reviewing comments, evaluating subject property images and preparing a list ...

Mortgage underwriting is the process the lender uses to determine whether to approve your mortgage application. Look at your credit history. This includes an investigation of your credit report, ...

While underwriting happens behind the scenes, it’s an essential step in securing a mortgage. Read on to understand what is underwriting in real estate.

Such automated underwriting, as it’s officially called, is the norm nowadays — part of the reforms to the mortgage financing world developed after the 2007–09 mortgage meltdown and ...

Federal Housing Finance Agency Director Bill Pulte should direct the agency to examine credit scoring models based on cash ...

Some types of mortgages offer the option of a streamline refinance, which doesn't require in-depth underwriting or an appraisal. The best refinance option for you depends on your goals.

Other home loan types might fit your situation better. If you know you’ll be moving in a few years, for example, a 5/1 ARM can help you save in interest—and you’ll part with the mortgage ...

Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility payments in credit history, a move that could help more borrowers qualify for ...

Mortgages, like the real estate they finance, come in a wide variety of options designed to suit different buyers. Some, like fixed-rate loans, are more common than others.

MIAMI--(BUSINESS WIRE)--Rapidio, a pioneer of mortgage underwriting technology, officially announced the first component of its FlexStack Component System™: Income Assessment. Income Assessment ...