underwriting: As of November 1st 2007 Mortgage Insurance rates will be increasing, and - 09/28/07 09:01 AM
•1. As of November 1st 2007 Mortgage Insurance rates will be increasing. Coverage amounts will remain the same but the factors are changing. •2. As of November 1st 2007, the Mortgage Insurance companies are scrutinizing lower credit scores more than ever. In some cases regardless of AUS findings they will not insure … (0 comments)
underwriting: New Fannie Mae Guidelines for DO/DU! - 07/16/07 10:47 AM
Desktop Underwriter (DU) 5.7 Effective with new submissions to DU on or after July 22, 2007 Just received some very interesting information today... We knew this was coming..... Fannie Mae will be releasing the latest version of DU. Some of the changes are: Interest Only Qualifying Interest Only loans must qualify as follows: Fixed Rate: Qualify with … (7 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
•1. As of November 1st 2007 Mortgage Insurance rates will be increasing. Coverage amounts will remain the same but the factors are changing.
;)
;)
