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what does DU"" mean

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mariolemieux20012001 Joined: 15 Apr 2009 Posts: 1 1.25 Dollars($)	Posted: Wed Apr 15, 2009 12:08 pm    Post subject: what does DU"" mean Like 0 Dislike 0 i hear DU this and DU that.. what is it abreviation for?
stacy Joined: 25 Sep 2007 Posts: 15 Location: CA 4.83 Dollars($)	Posted: Wed Apr 15, 2009 5:56 pm    Post subject: Like 0 Dislike 0 Desk Top Underwriter _________________ Stacy Potts Operations Manager/HR Director mobilehomeloaner.com Mobilehomeloans4you.com Phone: (925) 497-7582 FAX: (925) 665-0409 www.mobilehomeloaner.com www.mobilehomeloans4you.com “OUR PRINCIPLES MEAN MORE TO US THAN ANY MONEY OR SUCCESS”
jerry Moderator Joined: 17 Oct 2005 Posts: 2615 Location: MICHIGAN 415.19 Dollars($)	Posted: Thu Apr 16, 2009 4:43 am    Post subject: Like 0 Dislike 0 Hi mariolemieux, Du stands for Desktop Underwriting. This is an automated underwriting system which reduces the time requird to underwrite a mortgage loan application. It can also reduce the overall cost of originating a mortgage. Thanks, Jerry

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