|
Mortgage Finance > Mortgage > Underwriter
Underwriter
In Banking, Underwriting (Underwriter) is the detailed credit analysis preceding the granting of a loan, based on credit information furnished by the borrower, such as employment history, salary, and financial statements; publicly available information, such as the borrower's credit history, which is detailed in a credit report; and the lender's evaluation of the borrower's credit needs and ability to pay. Underwriting can also refer to the purchase of corporate bonds, commercial paper, U.S. Treasury securities, municipal general obligation bonds by a commercial bank or dealer bank for its own account, or for resale to investors. Bank underwriting of corporate securities is carried out through separate holding company affiliates, called Securities affiliates, or Section 20 affiliates.
Additional Links:
Mortgage Broker
Loan Officer
Please add your own Tips about " Underwriter " below:
Comments about this topic (0)
· No comments yet, be the first to comment
Related Mortgage Finance Resources:
|
