Does anyone know what is happening in Small Business/Business Underwriting? Loans are taking days upon weeks for approvals with all stipulations satisfied and members on my team have had their loans tossed to different underwriters constantly. When I have been messaging and emailing the underwriters on my loans there also no response. What is going on?
7 replies (most recent on top)
"Operation Bangalore Optimization"
@tt Get real, it was an obvious troll post. Are you new to the internet?
@b7 you're fvcken d-mb. you spelled "board" wrong. that's how we know you're fvcken d-mb. you must be a new hire since managers at usbank are incompetent just like you
@b7 trying to find out if they are laying off underwriters, could be a big part of it we might not be hearing
Erm, wut r u on about OP? Ask ur manager hon. This bored is about layoffs not dissing underwriters. AND prolly theyre all offshore now so theres that.
Is this underwriting function in India now? If yes, that's why. They are incompetent over there. I have never had a good experience working with people over there.
I would recommend reaching out to your manager or a manager in underwriting. This board is about layoffs not for why underwriting takes a long time to do their job. Our economy is tough for many businesses at the moment which is probably leading to more people trying to get loans. Hence the longer wait time for approvals.