Understanding Collateral Underwriting: Key Indicators & Insights

Course overview

This is a name change for FNMA'S COLLATERAL UNDERWRITING: WHAT IS IT LOOKING FOR?. After all segments, the student will be exposed to the Collateral Underwriting program and be able to better understand the origin, history and basic concepts of the Fannie Mae Collateral underwriting (C/U) program and process. In varying segments, the C/U process and system of automated review will be examined. This will lead the appraiser to be better prepared when completing the FNMA URAR 1004 mortgage appraisal and process. A better understanding of guidelines, explanations and rationales will result in a more comprehensive and a higher review score is hoped as the result.