"DU & LP Workshop" (Desktop Underwriter (DU) & Loan Prospector (LP)) is an in-depth, instructor-led online program on how automated underwriting systems serve lenders in the mortgage origination process.

It is designed to teach the fundamentals of the automated underwriting system (AUS) to new and seasoned mortgage underwriters alike.

Course Outline

In this course you'll learn about what an AUS is, the AUS process, and more, including:

• Reps and warrants
• Ordering the credit report
• Data integrity
• Documentation requirements
• Red flags
• Total scorecard
• Lender's responsibility
• FNMA desktop underwriter
• DU recommendations & tolerances
• Case study DU findings
• FHLMC loan product advisor
• LPA recommendations & tolerances
• Case study LPA findings
• Underwriting without traditional credit
• DU and LPA validation services
• Uniform collateral data portal
• collateral underwriter & automated collateral evaluation

Upon finishing the course you will receive a Certificate of Completion and the skills required to be a successful mortgage underwriter.

Anticipated Time To Complete

This online course will take approximately three hours to complete. You do not have to complete the course in one sitting - there are bookmarks in this course that allow you to stop and restart as needed.

Access Information

Upon enrollment, you'll receive an email from the course provider (CampusMortgage®) with links and passwords to access the course. You will have full access to the course for one full year.