Forensic Underwriting Law and Legal Definition
Forensic underwriting is a process used by lenders to determine what went wrong with a mortgage or loan. Post-funding loan examinations not only uncover potential fraud and misrepresentations, but help identify opportunities for improvements in the loan origination process. A forensic underwriter assesses the risk associated with securities and look for fraud or other issues that could affect the performance of mortgage bank securities.
Legal Definition list
Related Legal Terms
- Adjusted Underwriting Profit
- Advanced Life Underwriting
- American Academy of Forensic Sciences [AAFS]
- American Board of Forensic Anthropology
- American Board of Forensic Odontology
- American Board of Forensic Psychology
- American Board of Forensic Toxicology [ABFT]
- American College of Forensic Examiners International [ACFEI]
- American Forensic Association
- American Society of Forensic Odontology [ASFO]