Underwriting

Off and on for the last few years I have been a volunteer financial coach at my church using the Financial Peace University program created by Dave Ramsey. This is

The conventional (FNMA/FHLMC) cash out delayed financing exception program seems to carry a lot of misinformation with the program. I think the reason behind this top mistake is it isn’t

The challenge of estimating the effect student loans on a potential borrower’s ability to repay their mortgage still seems to be an issue at both Fannie Mae and Freddie Mac.

A question that has come up in our email box recently is “Can I use “other income” noted on the VOE”? I think the increase of this question in our

Good news for borrowers in the purchase market! Fannie Mae added to a lender announcement on 09/26 that it had expanded its PIW (property inspection waiver) program to include purchases!

Credit reporting agencies have changed the rules. The question of judgments and tax lien payoffs has come up at multiple lenders. Multiple different lenders have contacted me with questions from

The technology that has been leading the industry news over the last year has been Fannie Mae’s Day One Certainty program. This program’s goal is to give lenders immediate certainty

Many people have heard the rumors and seen the blogs and articles about the DTI going up to 50% announced in the new DU 10.1 version now out in the

When working with borrower’s just into retirement years they sometimes come with a unique challenge of FANTASIC credit, TONS of assets, but low-income due to being retired.  Nothing more frustrating

Everyone wants a good deal when buying their next home.  Some of the best deals are found on homes that have been foreclosed or purchased at an auction.  However, these good