Volume 14 - Number 2
January 29, 2010
Multiple Underwriting Approvals Concept Patented
A patent issued to a mortgage industry veteran in 2009 could provide a profitable opportunity for various players in the industry as the trends of automated underwriting and streamlined loan processing gather steam and the market recovers. Richard Nacht, former owner of New Jersey-based Royal Mortgage Corp., said he started realizing that as AU systems were become prevalent, the trend was “a little silly...
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