Ask The Underwriter

Follow me
By
Education & Training - Ask The Underwriter - Mentor/ Mtg. Underwriter
RECENT BLOG POSTS
Exceptions to the requirement that borrowers be natural persons are: inter vivos revocable trusts, land trusts in some states if the beneficiary is an individual. Contact the lead Fannie Mae regional office to determine acceptability of a land trust as a borrower, and HomeStyle Renovation mortgag...
04/18/2011
Ask The Underwriter: Monday Mistakes Series  I keep a "list" of things I see during my underwrites. I thought it would be a great learning tool for mortgage professionals. The" Monday Mistakes Series" are a couple of things I share with AR on a weekly basis. This weeks top picks: If your borrower...
03/28/2011
8 hour SAFE Act Course (includes a bonus social media course!)                  August 22nd , 2011 - August 25, 2011 @ 12pm-2pm  8 Hour SAFE Comprehensive CE Refresher Webinar (NMLS #2115)   This course was designed to meet the 8 hour continuing education requirement. The course is offered as an ...
03/20/2011
Ask The Underwriter: Monday Mistakes Series This weeks top picks: FEMA Disaster Area: If the subject property is in a FEMA Disaster Area; make sure the appraiser addresses it. Credit Inquries: Always address credit inquiries; no matter how  trivial or obvious they may seem.   COMING SOON:   Analy...
02/21/2011
Ask The Underwriter: Monday Mistakes Series Credit Report Fraud Alerts: Address all the credit report fraud alerts; no matter how obvious they may seem.  Make sure the credit report reference number matches the credit report reference number on the DU findings or provide a copy of the original cr...
02/14/2011
Ask The Underwriter: Monday Mistakes Series I keep a "list" of things I see during my underwrites. I thought it would be a great learning tool for mortgage professionals. The" Monday Mistakes Series" are a couple of things I share with AR on a weekly basis. Tax Returns: Don't forget to review Sch...
01/30/2011
Ask The Underwriter: Monday Mistakes Series Subordinate Mortgages: Provide a copy of the original 2nd mortgage note.  Copy of the subordination agreement (..another one that seems obvious, but commonly forgotten!). D. Bass -Mortgage Underwriter & Trainer Tuesday Teasers Starting February 8, 2011:...
01/24/2011
Ask The Underwriter: Monday Mistakes Series Three loan processors from the same company can provide 3 different Uniform Loan Applications (1003's) and show three different income calculations for the SAME BORROWER!!!!  I have a few tips for offices that have more than one loan processor. Check ou...
01/17/2011
Ask The Underwriter: Monday Mistakes Series I started this series.....and didn't keep it up!  So here we go.......... This weeks top picks: Private Mortgage Insurance Certificate: Make sure the loan amount, LTV and appraised value are correct! H.O.A. Questionnaire: Make sure all of the questions ...
01/03/2011
Ask The Underwriter: Monday Mistakes Series I've decided to start a Monday Series called: Monday Mistakes.  During the week I'll be keeping a tally of the mistakes I see. Hopefully this will help realtors and mortgage professionals out when processing, originating or appraising a loan. This weeks...
11/29/2010
Rainmaker
58,649

Dionne Bass

Blog: Ask The Underwriter
local_phone678-919-7959
Contact The Author
Welcome to Ask The Underwriter!

Don't hesitate to contact us if you have any underwriting questions: WE WILL NOT MENTION YOUR NAME OR COMPANY!

Sign up for our Newsletter for great tips and advice from underwriters and other industry experts!