Examples of Loan underwriting in a sentence
Loan underwriting decisions must be based on an applicant’s credit history and present and reasonably foreseeable eco- nomic prospects, rather than on the basis of assumptions regarding com- parative differences in creditworthi- ness between married and unmarried individuals, or between men and women.(2) Discrimination on the basis of lan- guage.
Purchases will be made following receipt and review of closing documents, including evidence of compliance with SETH guidelines, applicable Mortgage Loan underwriting requirements, FHA, VA, RHS and Freddie Mac requirements, federal and state regulations.
CFI is in the process of winding down its prior offering and, following qualification of this Offering Circular, intends to gradually discontinue its offering of notes, but will continue to provide Loan underwriting, origination, servicing, and administration services to the Company.
For example, unlike our current vendor, CoreLogic, which primarily delivers specific valuation data, other AVM vendors, like Desktop Underwriter®, provide additional services, such as document management and benchmarking against federal loan data, which may alter the context of the report.The Valuation Reports and any AVMs we may obtain are generally prepared solely for our use in connection with our Loan underwriting process, so we do not provide them to investors.
At its 4th and 5th meetings, on 14 April 2010, Committee I held the Workshop on International Criminal Justice Education for the Rule of Law.
They shall be placed in the Land Dedication Fund of the City for future disbursal by the City Council.(Ord.
Loan underwriting guidelines typically require an underwriter to consider a variety of key facts about the borrower, including: the borrower’s overall debt level, annual income, debt- to-income (“DTI”) ratio, amount of cash reserves or disposable savings, employment history and prospects for future employment, credit history, and credit score (a measure of a borrower’s credit risk, also called a “FICO score”).
Clarity and suitability of proposed Loan underwriting criteria and ability to meet the Program goals.
The documents, instruments and agreements submitted for Mortgage Loan underwriting were not falsified and contain no untrue statement of material fact nor do they omit to state a material fact required to be stated therein or necessary to make the information and statements therein not misleading.
Purchases will be made following receipt and review of closing documents, including evidence of compliance with SETH guidelines, applicable Mortgage Loan underwriting requirements, FHA, VA and RHS requirements, federal and state regulations.