Tag Archives: Underwriting

After its recent acquisition, Black Knight is looking at using artificial intelligence and machine learning to improve operational efficiencies in loan processing and servicing. Here’s how.

Genworth’s enhanced Encompass solution now includes contract underwriting services, unlocking another touchpoint for Genworth and Ellie Mae’s customers.

Lenders tend to be pressured to lend more aggressively if competing lenders relax standards.

Freedom Mortgage Corp., is the latest company to resolve claims that it violated the False Claims Act by knowingly originating and underwriting single-family mortgage loans insured by the FHA that did not meet the mortgage insurer's requirements.

Two reports issued by the Wells Fargo Economics Group both point towards a positive climate for economic growth, albeit for different reasons. The first report followed FDIC loan performance, noting cyclical improvement in loan performance and a trend favorable for credit quality. The second report commented on underwriting practices.

Mortgage rates may be rising, but the housing market doesn’t seem to mind. In fact, several indicators have improved alongside rising rates, according to the HousingPulse Tracking Survey released this week. The lending atmosphere is becoming friendlier, especially to first-time buyers. Simultaneously, the average time on market for non-distressed properties and the average sales-to-list price ratio both improved year-over-year in December.