Underwriting
 


Underwriting departments, who are responsible for determining borrower risk and ultimately whether or not to approve the loan requested, must rely on receiving timely and accurate documentation. With AWD, you can improve the accuracy and efficiency of the Underwriting process by:

  • Scanning or electronically capturing all incoming documents, calls, or Internet transactions at the point of service, making this information immediately available to the underwriter

  • Automatically prioritize work based on loan closing dates or other business rules

  • Allowing automatic tracking and notification of documents still required to underwrite the loan

  • Providing a sealed audit trail to meet all compliance requirements

AWD Conditions Manager

AWD Conditions Manager offers a user-friendly interface and graphical administration tool, for greater control to improve the management of conditions documents, standardize processes, and increase productivity.
AWD Conditions Manager AWD® Conditions Manager for Mortgage reduces origination bottlenecks and imposing a level of unprecedented quality control and process management. AWD Conditions Manager streamlines a lender’s processes by:

  • Determining the required conditions by integrating with automated underwriting engines

  • Separating follow-up activities into automated and manual tasks

  • Executing the automated tasks without human intervention while managing the assignment and execution of manual tasks

  • Allowing automatic tracking and notification of documents still required to underwrite the loan

  • Ensuring that all tasks (automated and manual) are completed by the assigned due date

  • Providing a sealed audit trail to meet all compliance requirements

For more information, download AWD Conditions Manager for Mortgage.



 

AWD Mortgage Lending Brochure