Fannie Mae offers two automated underwriting programs, one called " Desktop Originator" that is for use:
A) by an agent taking information on a laptop computer for transmittal to a seller/servicer who verifies and transmits the information to Fannie Mae
B) to transmit information directly to Fannie Mae's Desktop Underwriter system
C) prohibited to a real estate broker
D) by any individual
Correct Answer:
Verified
Q1: An automated underwriting system is one that:
A)
Q2: Mortgage loan origination software must increasingly be
Q3: An ownership interest of one percent or
Q4: Which of the following is true about
Q5: The best explanation of computerized loan origination
Q6: The advantage of a web site offering
Q7: Which of the following is NOT a
Q8: Even though greatly diminished in market share
Q9: Freddie Mac offers an "expedited" collateral assessment
Q11: Which of the following is true of
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