Chase Banks do underwrite mortgages, and, in fact, have their own underwriting departments. Applications for mortgages may be submitted through an automated underwriting system but all are reviewed by an underwriter.

There are four useful analysis that perform from a single family that are owners. The four analysis are credit reports, income, collateral and automated underwriting.

Referred means that a loan was unable to be approved by an automated underwriting program based on the information provided on an application. This is different from a denial since the loan application can still be reviewed by a human underwriter.

In House underwriting means that the lender is doing their own underwriting instead of sending it out to a 3rd party underwriter.

Professional Liability Underwriting Society was created in 1986.