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  2. Loan Processor vs. Underwriter: Which is Right for You? - AOL

    www.aol.com/loan-processor-vs-underwriter...

    The primary role of a loan processor is to streamline the loan application process. So, no matter if you’re applying for a mortgage or auto loan, the loan processor can help you get your ducks ...

  3. Loan servicing - Wikipedia

    en.wikipedia.org/wiki/Loan_servicing

    Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...

  4. LoanDepot - Wikipedia

    en.wikipedia.org/wiki/LoanDepot

    In November 2015, loanDepot claimed to be the second largest non-bank provider of direct-to-consumer loans in the United States and postponed a planned IPO, citing poor market conditions. [10] In March 2017, the company introduced technology to automate the loan process, allowing customers to apply for a mortgage without talking to a loan ...

  5. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

  6. What's a Loan Processor & Why Should You Care? - AOL

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    A loan processor prepares a mortgage loan application for consideration by the loan underwriter. The loan processor requests credit reports and gathers documents from the applicant as part of ...

  7. Watchdog calls for halt to energy loans amid insufficient ...

    www.aol.com/watchdog-calls-halt-energy-loans...

    Donaldson described her office’s finding as “interim” but said the finding was particularly urgent due to the loan office’s “stated intention to process $22 billion before January 20 ...

  8. Mortgage underwriting in the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_underwriting_in...

    Mortgage underwriting is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C's of underwriting: credit , capacity and collateral .

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