Housing Wire

JANUARY 23, 2024

Gateless: Smart Underwrite Smart Underwrite represents a paradigm shift in mortgage lending. Real-time automation of critical underwriting functions, like the evaluation of credit, income, and assets, can drive real-time outcomes, including immediate loan approvals.

Loan Conditions 446

Loan Conditions Lending Mortgage 446

Housing Wire

FEBRUARY 22, 2023

“Due to limitations on when and how lenders receive data about property and borrowers, errors and loan conditions aren’t exposed until much later in the process, during processing and underwriting,” the company said. It then tailors that data to the home-buying process.

Mortgage 397

Mortgage Loan Conditions Technology Lending 397

Housing Wire

APRIL 17, 2023

In addition, 33% of builder expect to experience or have already experienced AD&C loan tightening from regional banking partners.

Inventory 397

Inventory Loan Conditions Buyers Housing Market 397

Eyes on Housing

MAY 31, 2024

The volume of total outstanding acquisition, development and construction (AD&C) loans posted an additional decline during the first quarter of 2024 as interest rates remain elevated and financial conditions are tight. However, AD&C loan conditions will ultimately improve when the Fed begins reducing the federal funds rate.

Construction 78

Construction Lending Loan Conditions Development 78

PennyMac

MAY 24, 2022

When you apply for a mortgage loan, your application is reviewed by a team of underwriters who look through your documentation and information. Then, they decide if they’ll approve your loan and lend you the money. One application response you might see is a “conditional approval.”

Loan Conditions 36

Loan Conditions Mortgage Insurance Lending 36

PennyMac

AUGUST 30, 2024

Notification and Communication: Legal Requirements and Timing All lenders are required to disclose whether your loan will be sold, as well as the percentage of loans that they typically sell. It also sets standards for timely and accurate communication during the transfer process.

Insurance 36

Insurance Law Mortgage Government 36

Appraisal Buzz

NOVEMBER 12, 2024

Last year marked a significant milestone with the deployment of a cloud-built, browser-based digital mortgage platform that capitalizes on automation to streamline the entire lending process—from application to post-closing.

Technology 395

Technology Modernization Finance Architecture 395