August 26, 2020
Industry News: Desktop Underwriter Release Notes DU Validation Service April Update Feb. 18, 2020 During the weekend of April 18, 2020 Fannie Mae will implement an update to the close-by date for employment validation within the Desktop Underwriter® (DU®) validation…
August 26, 2020
The cost gap shrinks between buying a home and renting one. It’s time to start sending mailers to all the rental communities, holding lunch and learns with your realtor partners and CPAs in your area. Let’s educate your community on…
August 26, 2020
Fannie Mae is implementing new requirements for determining when rental income can be used for qualifying purposes. These changes are intended to support sustainable home ownership for borrowers purchasing an investment property without a prior history of managing rental properties….
August 26, 2020
QM Standard Changes Incoming! On Friday, Consumer Financial Protection Bureau Director Kathy Kraninger sent a letter to Congress outlining the Bureau’s plan for a revised Qualified Mortgage Standard. The Bureau is currently in the middle of a rulemaking process to…
We have bridged the gap between technology and years of industry expertise to deliver a simple home financing process to our clients nationwide.
Servicing the community is driven by our core values of commitment, integrity, and transparency. Many of us sat in every chair of the mortgage industry, allowing us to fully understand the business from all aspects. This in-depth knowledge is what enables us to efficiently adapt to industry change, while consistently providing our clients with a first-in-class customer service and a stellar mortgage experience.
Your information is confidential
and will not be shared.
Copyright © 2022 American Bancshares Mortgage, LLC, d/b/a ABSM, LLC
and ABSM is a Licensed Mortgage Lender. NMLS No.217378 (www.nmlsconsumeraccess.org)