Automated Underwriting System
A particular computerized system for doing automated underwriting. Mortgage insurers and some large lenders have developed such systems, but the most widely used are Fannie Mae's 'Desktop Underwriter' and Freddie Mac's 'Loan Prospector.'
Popular Mortgage Terms
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The amount the borrower owes at maturity. ...
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A multi-lender Web site that offered borrowers the capacity to shop among multiple competing lenders. ...
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