The fresh Agencies along with offers to amend (c) and you may incorporate sentences (c)(1) and you will (2) to explain the 2 type of finance who does nevertheless be manually underwritten. Earliest, loan products maybe not supported by brand new automatic origination program, such as for example sleek-assist refinance deals, should be yourself underwritten and recorded via secure current email address and other digital mode authorized by the Agencies. Next, financing downgraded regarding the agency’s automated origination system want instructions underwriting, no matter if lenders manage nevertheless fill out the loan files through the Agency’s automated solutions.

In addition, (i)(4) will be revised to require most of the mortgage records to-be filed through the Agency’s automated options except for the loan circumstances demonstrated into the (c)(1). 続きを読む →