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Frauds and Scams > Underwriter
The following information is about Underwriter.
Underwriter Defined
In regard to securities, investment bankers who handle the offering of a new issue of securities. They buy all the securities from the issuer and distribute them to investors. They make a profit on the underwriting spread. The investment banker may be acting alone or as a member of an underwriting group or syndicate. As the word relates to insurance, a company that takes on the cost risk of death, fire, theft, illness, etc., in exchange for payments, called premiums.
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Off-site Underwriter Links, User Submitted
The following links have been collected through user bookmark submission in the Underwriter category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Tue Dec 30
- Adam Levine: The Rainmaker
Sun Nov 2
- Fair Game - Was There a Loan It Didn't Like? - NYTimes.com: as a senior mortgage underwriter at Washington Mutual during the late, great mortgage boom, Ms. Cooper says she found herself in a vise. Brokers squeezed her from one side, her superiors from the other, she says, and both pressured her to approve loans, no matter what.
Sun Sep 14
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Wed Jul 16
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Fri Jun 6
- Comm 2000: UL standards catalog
Thu May 15
- Government's secret fears over housing market exposed by minister gaffe - Times Online: I am the Senior Mortgage Underwriter that approved over $15million dollars of loans a month in all markets in the USA. With 35 years...
Fri Apr 11
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