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RC_LP_U_303.2 Evaluating Loans with Desktop Underwriter
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011092-WC-W
Quantity:
Delivery Options: N/A







Description of Product
Description:

This is a single-family/residential course.

Desktop Underwriter (DU) is an automated underwriting system developed by Fannie Mae to help mortgage lenders make informed credit decisions on conventional and government loans.

Evaluating Loans with Desktop Underwriter focuses on how Fannie Mae's automated underwriting system can be used to evaluate conventional conforming mortgages with Approve or Refer recommendations. The course begins by describing what loans are eligible for DU evaluation and how to access, navigate, and use DU. It then covers how to interpret underwriting recommendations and review reports accurately. Next, the course reviews DU requirements for credit, liabilities, income and employment, assets, and property. Lastly, the application of DU resubmission guidelines is addressed.

Topics:

  • DU Basics
  • DU Recommendations and Reports
  • DU Requirements
  • Resubmission Guidelines
  • Case Study

    Seat time approximately one (1) hour.

    Copyright 2017.

     
  •  
    Product Category:
    Self-Study Web-Based Courses 
     
    Notes:
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
     
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

     
     
    Contact E-mail:
    education@mba.org 
     
    Product:
    DL2-011092-WC-W 
     
    Title:
    RC_LP_U_303.2 Evaluating Loans with Desktop Underwriter 
     
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