no such reality – thanks for the fraud lessons. I already understand the definition. I am hopeful that someone within the industry can give me some perspectives from their experiences. Also if you look at my questions they were not querying the income verification or asset verification, they were questioning the 3% cap that is a pretty tough nut to get around.
sdr, bugs, sda, jim k care to comment?
It just seems to me that everyone here is making this sound like it is the norm and that it is very easy to do, that everyone is in cahoots and I am saying that is not the case. Again, I don’t discount that agents may not have tried to pass this on to some of you. However I still maintain it is a high likelihood it would not have worked.