What is happening today in mortgage lending:
At least during the Holiday season we can take a rest from the number of foreclosures 2008 Lender Announcements and Letters Lender Letter 04-08 Insurance for a temporary left on foreclosures and Evictions
HUD expands mortgage modification program - MarketWatch
News from our office
Please remember when sending you conditions in that we will not send a file back to underwriting unless all conditions are sent in at the same time. If you feel you need an exception to this please contact Jan or myself. By doing this it will cut back on the number of times a file has to go back to an underwriter and speed the process up.
Also remember that we need the following documents in order to submit your file the first time.
1-1003
2-Addendum to 1003 page 1 and 2 for government loans
3 -1008/MCAW or VA Analysis Workseet
4-GFE
5-Income verification
6-Asset Verification
7-Credit Report
8-LDP/GSA Exclusionary List
9-Social Security Number
10-AUS Findings from DU or LP
11- Purchase/Sales Contract and addendums if applicable
Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.co
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