New Job Income
Working in the mortgage business means you get a little more involved in your clients life then the typical financial transaction. Speaking for myself, that
October 26, 2021
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Tax Extension Deadline
October brings us into another fall season, with that comes a change in temperatures, your favorite football team may or may not be your favorite
October 1, 2021
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COVID Procedures for Profit & Loss Review | Blueprint
COVID 19 continues to create challenges with determining income for borrowers with more complex pay types such as self employment. The most common questions for
September 18, 2021
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File Locks and Role Management
We live in a world where we have many safety features preventing catastrophe’s, such as child locks on car doors or windows. They can sometimes
March 25, 2021
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Zone of confusion
Most of us have yearly traditions, for example I completed my second year of spending New Years Eve in Florida versus good old snowy Michigan!
January 25, 2021
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Employment offers and contracts
When I read LinkedIn from time to time, I have seen some funny memes on why people’s loans have died during the underwriting process. You
November 12, 2019
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New Income: Restricted Stocks (Part 2) | Blueprint
In my last blog, I set the stage on practical applications for the new RU/RSU income. I also went over some of the guidelines which
October 31, 2019
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Restricted Stock Units (RSU)
I was at a compliance conference a few weeks back in Pontiac, Michigan, it was a great event put on by FIC Conferences. I had
October 19, 2019
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Foreign Income – What, Why, & How to qualify
Let’s imagine you got lucky while you were on your vacation to Australia and won $10,000 at the Crown Melbourne Casino and want to use
August 24, 2019
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Getting the correct income is more than just math
We have upgraded UberWriter with some new functionality. Read on in the blog as we weave some underwriting knowledge with some product update news. One
August 4, 2019
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Mortgage Profit and Loss Statements 101 | Blueprint
I have been writing blogs for UberWriter since 2013 on many different underwriting topics. While putting together some training information I realized that I have
July 30, 2019
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FHLMC updates appraisal re-use rules
A few years back I wrote a blog explaining the rules that allow a lender to re-use the borrower’s appraisal for an additional transaction. (See the
May 1, 2019
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PUD, Condo, or Co-op?
As subject matter experts on Project Reviews, we have often been invited as guest speakers to discuss the topic of project types and how they
April 5, 2019
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Condo Review… Step by Step
For those of us who have worked in the mortgage industry long enough to become comfortable and familiar with all the jargon and acronyms, it
February 28, 2019
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2018 Tax Reform and Alimony Income Calculations
Our last blog we talked about how the changes to the 2018 1040 tax form affected mortgage underwriting requirements. The key topic in that blog was that mortgage calculations
February 19, 2019
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