Ask The Underwriter: Monday Mistakes - 11/29/10 08:04 AM
Ask The Underwriter: Monday Mistakes Series
I've decided to start a Monday Series called: Monday Mistakes.  During the week I'll be keeping a tally of the mistakes I see. Hopefully this will help realtors and mortgage professionals out when processing, originating or appraising a loan.
This weeks top picks:
1.)  Taking a commissoned borrower's gross income from a paystub and dividing it by the number of months.  Example: A commissoned borrower gives you a paystub dated peroid ending 7/18/10.     You cannot take the YTD and divide it by 7.   
2.)  DU findings #24 ask you to re-run the loan with "xyz" information. I know DU findings appear pretty standard, but there … (5 comments)

Tuesday Teasers: Free 30 Minute Webinars - 11/10/10 07:14 PM
Self Employed Borrower Series
Attend WEEK 2 of this free 30 minute online live webinar and learn the following: 
Identify the documents needed to calculate income for Partnerships and S Corps Recognize the industry standard add backs and deductions  THERE ARE ONLY 30 SLOTS AVAILABLE FOR THIS WEBINAR 
Sign up at: http://tuesdayteasers.eventbrite.com/
All webinars are interactive and include at least 2 case studies. 
Attendees will receive an email confirmation with a web link and a dial in phone number 48 hours prior to the webinar. ALL TIMES ARE EASTERN STANDARD TIMES. 
Next Tuesday Teaser 11/23/10:  Packaging Your Loan For Underwriting
D. Bass
Mortgage Underwriter … (0 comments)

 
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D. Bass ~ Blog: Ask The Underwriter

Atlanta, GA

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Alpha Mortgage Training

Address: 4302 Crossing Drive, Atlanta, Ga, 30305

Office Phone: (678) 324-8783

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