DU & LPA Workshop - "Everything from A to Z"

Need Help? Call us today toll-free at 1-800-865-8550 Press 1 for SalesCOURSE DESCRIPTION: The DU & LPA - "Everything from A to Z" instructor-led online recorded ebinar will provide students with an in-depth understanding of how the automated underwriting systems serve lenders in the mortgage origination process. DU & LPA findings, including feedback messages, are explained in detail. Gain a greater understanding of the differences between the two AUS engines and when it is appropriate to use each one. COURSE OUTLINE: What is an AUS Factors Considered The Process Reps and Warrants Ordering the Credit Report Data Integrity Documentation Requirements Red Flags TOTAL Scorecard Lender’s Responsibility FNMA Desktop Underwriter DU Recommendations DU Tolerances Case Study DU Findings FHLMC Loan Product Adviser LPA Recommendations LPA Tolerances Case Study LPA Findings Underwriting without Traditional Credit DU and LPA Validation Services Uniform Collateral Data Portal Collateral Under