Last week, the Federal Housing Finance Agency (FHFA) announced an increase to mortgage loan limits for next year, and in the ...

When you apply for a mortgage, lenders use a process called underwriting to determine whether to approve or deny your loan.

Dariuzs Karpowic, director of Albion Financial Advice, said some lenders are taking up to four weeks to look at a case ...

Of all the providers contacted, Together responded with a comprehensive plan, showing where it has made changes to improve ...

Beyond the major underwriting categories, appraisal defects nearly doubled to encompass 7.14% of all loans in Q2 2024.

Embracing AI—and considering these best practices as you do—can help servicers stay competitive while keeping operational ...

but lenders can use manual mortgage underwriting for more complex financial situations. If you have a limited credit history or negative marks on your credit report, you might need manual ...

But the power shifts once you find a house. To get the mortgage-- and the key to the house -- you need an underwriter’s stamp of approval. But what does that mean? Keep reading to find out.

Although most people think of underwriters as the people hounding them for documents for a mortgage loan, underwriters actually work throughout the finance industry. Anywhere there’s a risk ...

loan processing, underwriting, and closing. Understanding each of these steps can help you weather the more complicated aspects of the process. In this guide, we’ll explain everything you need ...