Definitions of underwriting
- a department of a lending institution where risks are assessed and final decisions are made regarding which if any covenants and conditions need to be in place before a loan will be funded. This definition of underwriting contributed by Eric Blackwell.
- The process of making a final determination to honor a request for use of a company's funds by analyzing and assessing the necessary documents for compliance and overal risk to the company's assets.
© Copyright 2004-2007, Real Estate Webmasters - Professional Real Estate Web Design Feeds / Sitemaps: - Forum RSS, Blogs Sitemap