Collateral Underwriter: Staying Ahead of the Risk Curve

Course overview

After all the segments, the student will be exposed to Fannie Mae's 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 should result in a more comprehensive and a higher review score is the anticipated result.