Multiple Choice
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
Correct Answer:
Verified
Q1: An automated underwriting system is one that:<br>A)
Q2: The best explanation of computerized loan origination
Q3: Which of the following is true of
Q4: Which of the following is NOT a
Q5: The advantage of a web site offering
Q6: Freddie Mac offers an "expedited" collateral assessment
Q7: Even though greatly diminished in market share
Q8: An ownership interest of one percent or
Q9: Which of the following is true about
Q10: Mortgage loan origination software must increasingly be