Mortgage underwriters are the fact-checkers of the home loan approval process, ensuring that the financial picture you portrayed in your application and the documentation you provided are accurate.

Getting approval for a loan, insurance or a mortgage can be stressful. Your application has to go through a rigorous process to ensure that the financial risk the company is about to take is worth ...

AI Increases the Risk of Loan Fraud A prominent global consultancy firmwrote an articleabout this problem earlier this year. The authors point out that generative AI could cause fraud costs to ...

Indian Land, South Carolina-based lender Movement Mortgage has agreed to pay $23.75 million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing ...

The biggest problem in mortgage technology today isn’t rates, compliance, or even data. It’s the interface. For decades, we’ve accepted a basic idea as “just the way it is”: if you want to get ...

Underwriting occurs when individuals or organizations assume financial risk in exchange for payment. Financial risk is the risk that a company may not generate enough cash flow or revenue to fulfill ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...