Professional Bottom line
Which memo refers to just how mortgage loans underwriting strategies keeps developed regarding United states during the last 100 years. This study talks about this new stars who have a direct effect towards the underwriting practices, how technology changed underwriting criteria and you may practices, and exactly how feedback around risk and you will major incidents has impacted underwriting.
Area step 1 brings a leading-height structure of just how underwriters determine risk as well as the stars from inside the the business. Part 2 makes reference to the new stars which have tall impact on underwriting methods. Area step 3 brings a narrative out-of how underwriting has changed more than some time focuses like exactly how particular big occurrences, stars, and you may shocks features lead to alterations in underwriting requirements and you may means. (more…)