Decoding the New Mortgage Market

Index

accounts, establishing appropriate, 34–35

adjustable-rate mortgage (ARM), 13, 21

vs. fixed, 145–150

vs. hybrid, 148–149

administration fee, 185

AIG, 9, 13

“Alternative A,” 6, 7–8

alternative credit, 32–34

alternative documentation loan programs, 107–108

alternative loans, 6, 7–8

appraisals, 75–79

code of conduct, 113–116

costs, 116–117, 163

management company, 116–117

relationship changes, 117–118

saving costs and, 164–165

approval, from AUS, 91–93

assets of borrowers, 85–86

for down payment money, 190–191

attorney fees, 166

authorized user, 30

automated underwriting system (AUS), 25, 74–101

automated double-check, 90–91

borrowers, 82–86

documentation, 89–90

getting to yes, 91–93

loan application ready for, 87–90

loan officer’s knowledge ...