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Foreclosure Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
underwritingIn mortgage banking, the analysis of the risk involved in making a mortgage loan to determine whether the risk is acceptable to the lender. Underwriting involves the evaluation of the property as outlined in the appraisal report, and of the borrower’s ability and willingness to repay the loan.