Posted on: 15th Apr, 2009 12:08 pm
i hear DU this and DU that.. what is it abreviation for?
Desk Top Underwriter
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
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