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References in periodicals archive ?
YOU ARE ALSO NOTIFIED that Lead Plaintiffs in the Action have reached a proposed partial settlement of the Action for $74,000,000 in cash (the "Underwriter Settlement"), that, if approved, will resolve all claims asserted against certain of the underwriter defendants in the Action.
Mortgage underwriters are necessary to ensure the accuracy of the information in a loan application and objectively determine a borrower's classification for a particular loan program," says Brad German, director of public relations for Freddie Mac, a stockholder-owned corporation that buys mortgages from lenders.
For starters, underwriters now require greater financial transparency, including wider disclosure of financial transactions and reporting procedures, copies of board minutes, audit committee attendance records, incorporation of CEO and CFO certifications in the policy application and background on audit committee members serving as financial experts.
Schirick is a chartered property casualty underwriter and a certified insurance counselor.
By offering lenders access to Desktop Underwriter, bundled in one complete package, Fannie Mae and Calyx Software are enabling lenders to rapidly automate significant portions of their business processes.
Advance planning and coordination among the client, CPA and underwriter should alleviate most timing problems related to providing negative assurance on interim financial information.
Morgan Keegan & Company continues to be a leading underwriter of municipal bond issues in Arkansas, and the top underwriter in the South Central United States during the third quarter of 2006, according to Thomson Financial, one of the nation's leading municipal bond information services.
Most commercial underwriters can probably recall a time when a broker or company official asked for special consideration when requesting coverage, claiming a client or corporation was "different" or even "better" than other companies and therefore, less of an insurance risk.
The underwriter must identify areas of neglect and abuse in case the property was "milked" during the foreclosure process.
The team outlined the S-1 document, based on advice from the lead underwriter and its attorneys.
Description: This designation is awarded to attorneys, chartered life underwriters, certified public accountants, certified trust and financial advisers, chartered financial consultants and certified financial planners.