Archive for the Underwriting Category

The CLUE Report: Is it Col. Mustard in the Library with the Rope?

Craig on 09 7, 2011 | 76 Comments

I'll admit, at this point I'm pretty much mystified by the frequently-discussed yet rarely-seen "CLUE Report." For those of you even more in the dark than me, "CLUE" is an acronym for "Comprehensive

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Major Bank No Longer Accepting Third Party Underwriting (aka pmi)

Rhonda Porter on 06 20, 2011 | 6 Comments

Major Bank No Longer Accepting Third Party Underwriting (aka pmi)

Earlier this month, I learned that a big bank is no longer accepting "third party underwriting".  Third party or contract underwriting is "private mortgage insurance".  Private mortgage insurance is

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Mortgage Rate Update

Rhonda Porter on 11 20, 2009 | 8 Comments

Underwriting guidelines continue to get tougher.  This week FHA tightened her belts on streamline refinances and over the weekend of December 12, 2009,  Fannie Mae's DU 8.0 will be implemented.  

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Notice of Trustee Sales v. Trustee Deeds

Jillayne Schlicke on 07 1, 2009 | 14 Comments

Each month, Alan from Seattle Bubble religiously posts the Notice of Trustee Sale (NTS) numbers for King County. I'm very appreciative of his work because it saves me time each month so thanks again

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