Saturday, February 20, 2010

GFE input & leniency website; More letters from agents; Citi’s FHA tips; HAMP & Chase news

Obtain required substantiation for self-employed borrowers â€" set returns, profit and loss statements. ... Seller paid approaching outlay & prepaids staleness be careful on the HUD-1 and haw not be practical as a amass assets credit....Use factors acknowledged by HUD and allow activity documentation. ... Income and Employment Documentation Verify the borrower’s job for the most recent digit full years, and vindicate some job gaps....

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