When applying for a mortgage, lenders typically use one of two methods for underwriting: automatic or manual. Manual underwriting often offers higher acceptance rates for applicants with complex ...

The seller has accepted your offer, and you’re on the brink of buying a house. But before you can move in, you must get approved for a home loan. That’s where the mortgage underwriting process comes ...

When buying a home, mortgage underwriters evaluate your risk level to help a lender decide if your application should be approved. The mortgage underwriting process happens behind the scenes after you ...

Executive Conversations is a HousingWire web series that profiles powerful people in the financial industry, highlighting the operations and the people that make this sector tick. In the latest ...

Genworth Mortgage Insurance has announced the launch of GENie, an underwriting platform designed to streamline its operations and enhance underwriter productivity. GENie automates manual underwriting ...

FHA is reversing an earlier decision to remove the rule requiring manual underwriting for mortgages with credit scores below 620 and a ratio of debt to income above 43 percent. The decision, conveyed ...

If you’re getting ready to apply for a mortgage, a machine is likely going to take charge of the first steps of the underwriting process. Technology can help a lender determine if it should approve or ...

Mortgage underwriting is the process a lender uses to determine whether to approve your mortgage application. During underwriting, a mortgage underwriter — who works for the lender — verifies and ...