Editing Mortgage origination
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* '''[[Mortgage underwriting in the United States|Underwriting]]''': determining if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable, and includes verification, appraisal, title search and insurance, flood certification, and surveying. |
* '''[[Mortgage underwriting in the United States|Underwriting]]''': determining if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable, and includes verification, appraisal, title search and insurance, flood certification, and surveying. |
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* '''Closing/funding''': a settlement agent manages the logistics of providing borrowers final loan documents for review and signing, releasing and wiring the funds, and recording the mortgage at which point the mortgage is official. |
* '''Closing/funding''': a settlement agent manages the logistics of providing borrowers final loan documents for review and signing, releasing and wiring the funds, and recording the mortgage at which point the mortgage is official. |
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* '''Shipping and delivery''': documents are reviewed for auditing and quality control purposes, copies are sent to investors, and purchase notifications are sent to other departments. |
* '''Shipping and delivery''': documents are are reviewed for auditing and quality control purposes, copies are sent to investors, and purchase notifications are sent to other departments. |
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==Key consumer protection regulations== |
==Key consumer protection regulations== |