TITLE

Underwriting is key in battle of the lenders

AUTHOR(S)
Yousefi, Mehrdad
PUB. DATE
November 2006
SOURCE
Mortgage Strategy;11/27/2006, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents an analysis on the ways of staying competitive in Great Britain. Many lenders were still manually assessing all applications and ideas such as credit scoring automated underwriting. They are more likely to have credit scoring model than those in a prime market, this reflects that the business is higher risk and requires require a more detailed assessment. The underwriting method is increasingly sophisticated to further enhance the business in the years to come.
ACCESSION #
23272572

 

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