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An automated underwriting system returns a recommendation on a conventional loan submitted to Fannie Mae. Which system produced the finding?
a.Loan Prospector (LP/LPA)
b.Desktop Underwriter (DU)
c.Total Scorecard alone
d.The Closing Disclosure engine
Giải thích
Desktop Underwriter (DU) is Fannie Mae's automated underwriting system, while Loan Product Advisor (LPA, formerly Loan Prospector) is Freddie Mac's. TOTAL Scorecard is used with FHA loans, and the Closing Disclosure is a settlement document, not an underwriting engine.
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