The process Failure Modes and Effects Analysis (FMEA) is a document to identify the risks associated with something potentially going wrong (creating a defect â out of specification) in the production of the product.
1 FAQ One Underwrite Â©2016 Radian Guaranty Inc. Â® is a registered service mark of Radian Group Inc. The questions and answers below are specific to One Underwrite eligibility. include a valid DU or LP approval in order to qualify for the One Underwrite program. ineligible for One Underwrite must meet Radianâs standard eligibility.
But your processor saying it's going in for a decision is weird. They should have an automated approval, the loan does not sound like a Manual Underwrite. These days, files tend to not go into Underwriting until it's a full file with all questions answered and an Automated Approval included in the file. I'd ask your L.O. if your file is a Manual Underwrite.