Verify income if you want lender's trust - Baltimore Sun
Story date: 2008-05-02 12:13:00
Added on: 2008-05-03 06:54:37
A new study suggests that one of the reasons many subprime loans have failed is very weak underwriting. Underwriting is the process by which a lender decides whether a borrower is a good risk. It involves looking carefully at the paperwork provided ...
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