by Veri-Tax News | Aug 16, 2018 | Mortgages, News
A mortgage scam in California where fraudsters provide fake employer information on loan applications is more widespread than originally suspected, Fannie Mae said in a new fraud alert. Fannie warned lenders about the scam in May, when it was first identified in...
by Veri-Tax News | Jul 26, 2018 | Mortgages
Once you submit a mortgage application, it goes into underwriting. But what does underwriting mean? Mortgage underwriters examine your application and documents to approve or decline your application Computers can approve mortgages, but human underwriters must verify...
by Veri-Tax News | Jul 6, 2018 | Mortgages
Mortgage applications can be time-consuming and tedious because after all, there’s a lot of money on the line. Lenders devised the mortgage application process to collect proof that shows the borrower can and will repay the loan in a timely manner. This proof includes...
