Date

November 2012

What Role Does an Underwriter Play in the Mortgage Underwriting Process?

mortgage underwriting Nov 26, 2012

Underwriting is a process through which a lender or insurer calculates the risk of adding that loan or person to the company’s liability. This is a very important process in mortgage underwriting, especially given the recent issues in the housing market. Mortgage lenders are extremely wary of taking on risks that indicate high likelihood to default, and mortgage underwriters are…

Hurricane Sandy and It’s Impact on the US Mortgage Industry

Mortgage Nov 20, 2012

Hurricane Sandy’s terrifying sweep through the Northeast and Mid-Atlantic left billions of dollars of damage in its wake. As homeowners scramble to estimate the impact and work together to rebuild communities, it’s clear that there will be some-short term and possibly long-term effects on the mortgage industry. The word that describes the industry’s response to the disaster is relief. Mortgage…