FNMA SEL 2015-07 Makes A Dollar Worth A Dollar
Last week we began to go over the multiple changes to the underwriting guidelines announced in the last few months of SEL’s published by FNMA.
September 14, 2015
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Departure of FNMA Departure Residence Rule SEL 2015-07
FNMA has been busy reviewing and revamping their guidelines over the last few months. Kudos to FNMA’s Chief Credit Officer Carlos Perez and his team
September 3, 2015
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Time to re-read that FNMA student loan payment section
A few weeks back I was working on a purchase loan that was submitted to underwriting for review, nothing out of the ordinary at first,
August 24, 2015
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FNMA guidelines on interest and dividend income
This installment of the Underwriting guy video blog is Interest / Dividends / Capital Gains. Today we will review the following What the guidelines from
May 12, 2015
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Multiple Financed Properties – what does and does not count?
Video Overview – Multiple Financed Properties The FNMA Multi Property Loan can be intimidating if you have not yet had to originate or underwrite a
March 28, 2015
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UberWriter Has Launched
UberWriter is exiting beta and launching on March 2, 2015. Thanks to all of our beta users in helping refine and improve the site. In
March 2, 2015
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New FNMA change is declining more borrowers
Video Overview – FNMA SEL-2014-16 Have you looked at the new FNMA SEL-2014-16 posted in December of 2014? If you work with self employed borrowers
February 18, 2015
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Finally a 1084 that is easy and makes sense
If you have been following the blogs on UberWriter you know we are not fans of the 1084 form for many reasons. On our blog
December 7, 2014
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What tax form does an LLC use?
Over the last few years the popularity of business owners setting up LLC’s has increased. LLC’s have many advantages over sole proprietorships and standard partnerships.
October 6, 2014
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Part 4: Where is that box on the tax return
For the last installment we are going to look at the 1120S and 1120 corporation returns inside the lens of the cash flow analysis form.
September 21, 2014
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Part 3: Where is that box on the tax return?
Today I want to review partnership cash flow adjustments (or 1065 forms). The 1065 is much more like a Schedule C income than it is
September 13, 2014
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Part 2: Where is that box on the tax return?
Continuing on with our series on “where is that box”, today I wanted to add the “why” to the items for cash-flow analysis. Working on
September 7, 2014
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Where is that box on the tax return? – Part 1 of 4
Self employed income analysis… probably one of the harder things to get your mind around if you work on the mortgage industry. However once you
September 1, 2014
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Warning on borrowers out of work for an extended period
It seems over the last few years FNMA and FHLMC are moving just a little further apart in how they look at lending. In my
August 24, 2014
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Interview with Adam Lesner and Michael Whitbeck
Michael Whitbeck gets interviewed by Adam Lesner about Uberwriter. Adam is a loan officer with Michigan First Mortgage and is an a passionate advocate for
July 19, 2014
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