Underwriting FHA in 2011
Posted by Krista Sabol on Jan 27, 2011 in FHA, FHA/VA, Operations, Underwriting The current shortage of underwriters has made FHA Direct Endorsed (DE) underwriters a hot commodity as lenders continually seek for underwriters with a CHUMS ID #. Why are DE underwriters so sought after in today’s mortgage market? Here are some of the key reason that the CHUMS ID # has become good as gold: 1) The underwriter has prior FHA experience 2) Only DE underwriters can review...read more