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Home » Store » News » Solid Underwriting More Critical in Loan Mods

Solid Underwriting More Critical in Loan Mods

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The highly politicized push to modify more distressed mortgages may tempt many lenders to bypass sound underwriting, particularly the verification of borrower information, leaving the industry exposed to some of the same problems that caused the whole mess to begin with, according to some industry experts. “In the mortgage origination side, we’re seeing lenders use third party verifications in...
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