Truth is, those recent housing numbers aren't so shiny

Truth is, those recent housing numbers aren't so shiny

Housing starts? More like housing stops, amirite?

This man pretends to be a Realtor and no one can stop him

Canadian fines don’t seem to slow down Derek Johnson

The top 10 critical issues facing GSE reform

Urban Institute: Reform in limbo
W S
Lending / The Ticker

Genworth announces expanded, national underwriting guidelines

/ Print / Reprints /
| Share More
/ Text Size+

Lenders now are able to offer simplified and expanded national mortgage underwriting guidelines that allow lower credit scores and eliminate nearly all geographic restrictions using new Simply Underwrite (SM) guidelines from Genworth U.S. Mortgage Insurance (USMI), a unit of Genworth Financial, Inc. (GNW).

Genworth USMI's Simply Underwrite guidelines collapse several current sets of underwriting guidelines, based on institution type, origination channel and other factors, into one expanded national underwriting standard for loans approved by Desktop Underwriter® (DU) or Loan Prospector® (LP), the automated underwriting systems (AUS) of the Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac), respectively.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus