Most Popular Lending Content
"UAD" Real Estate Appraisal
10/17/2011
Before I send this "UAD" real estate appraisal to the GSEs, I want to be able to see it myself.BUT when I try to open the .XML file, all I see is a bunch of gibberish on the screen.How can I open, read, and quality check the appraisal before sending it on to investors?
Mortgage Originations - Lending Forms
10/17/2011
There seems to be an overflow of information and changing regulations aimed at mortgage originations for both new loans as well as refinances. Is there a "best way" to stay informed with the regulations?
Intent to Proceed w/Mortgage Loan-In Writing?
10/17/2011
Is it necessary to document the borrower's intent to proceed with a mortgage loan in writing? Can you mark the intent once it is provided verbally?
Requirements for Construction Perm Loans
10/17/2011
When doing construction perm loans, is it necessary to get a new loan application on the loan if you initially did the interim-construction loan? If not, how do you document the application date for disclosures on the permanent loan and HMDA?
UAD Appraisals
10/10/2011
I've started receiving these new "UAD" appraisals, but they have a ".XML" at the end. When I open the file, all I see is a bunch of red and black gibberish on my screen. Can you help?