Bulletin W13-096 – Wholesale Underwriting Communication Procedures

August 16, 2013Bulletins

Topic included in Bulletin W13-095:

  • Procedures developed to efficiently handle communication between underwriting and sales regarding the approval, suspense and denial on files
  • Four (4) categories covered:
    • Suspended Files
    • Declined Files
    • Files with Outstanding Conditions
    • Future Loan Files/Submissions
  • For underwriting exceptions refer to the Exception Request Procedure
  • Loan Scenarios will require the use of the CMS Underwriting Scenario Form
  • Team Leads will be responsible for responding within 24 hours
  • Procedure is effective immediately

Download: Bulletin – W13-096 (PDF)

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