Title Forum

Lenders starting to give "UW approved list"

  • 09/26/2011 11:05 AM
    Message # 708683
    Aaron M. Davis (Administrator)

    Recently had Freedom Mortgage sent down to mortgage brokers that they will only accept policies written on FNF, FA, Stewart and ORT (or fund families)

    Another one said they would NOT accept policies written on another smaller outfit.

    I recall in 08 a website www.mi-implode.com which tracked Mortgage Lenders who were shut down or stopped lending, not sure how far the lenders will go now to make sure writing on UW's who have claims paying ability...

    Has anyone else seen any notices from lenders to this effect?

  • 09/28/2011 1:44 PM
    Reply # 710935 on 708683
    Anonymous
    Freedom Mortgage updated their approved list to include Westcor Land Title Insurance Company.  The updated list was published by the lender last week.
 
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