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Home » Store » Taxable » Automated Underwriting Dominant in 2003, but GSE Systems Gain Little Market Share

Automated Underwriting Dominant in 2003, but GSE Systems Gain Little Market Share

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Record volumes of mortgage applications were fed through the automated underwriting systems maintained by Fannie Mae and Freddie Mac last year, but overall penetration of the market by the GSE systems changed relatively little. With many of the top lenders using in-house automated underwriting, there’s not a lot of room for Fannie’s Desktop Underwriter and Freddie’s Loan Prospector to pick up new market
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