Automated Underwriting System


Definition of "Automated Underwriting System"

The AM  Group real estate agent
The AM Group, Real Estate Agent Keller Williams Port Saint Lucie

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.'

 

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