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contraman.
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February 10, 2008 at 7:44 PM #11781February 10, 2008 at 8:56 PM #151250
SD Realtor
ParticipantThe loan workout process requires a pretty comprehensive documentation process. This includes tax returns, w2 statements, hardship letters, asset statements including any and all bank accounts, 401ks, brokerage statements, as well as liability statements to show the hardship.
You can attempt to hold the information back and see how diligent they are tracing your background down. How diligent they are is a question I simply do not know.
SD Realtor
February 10, 2008 at 8:56 PM #151610SD Realtor
ParticipantThe loan workout process requires a pretty comprehensive documentation process. This includes tax returns, w2 statements, hardship letters, asset statements including any and all bank accounts, 401ks, brokerage statements, as well as liability statements to show the hardship.
You can attempt to hold the information back and see how diligent they are tracing your background down. How diligent they are is a question I simply do not know.
SD Realtor
February 10, 2008 at 8:56 PM #151512SD Realtor
ParticipantThe loan workout process requires a pretty comprehensive documentation process. This includes tax returns, w2 statements, hardship letters, asset statements including any and all bank accounts, 401ks, brokerage statements, as well as liability statements to show the hardship.
You can attempt to hold the information back and see how diligent they are tracing your background down. How diligent they are is a question I simply do not know.
SD Realtor
February 10, 2008 at 8:56 PM #151519SD Realtor
ParticipantThe loan workout process requires a pretty comprehensive documentation process. This includes tax returns, w2 statements, hardship letters, asset statements including any and all bank accounts, 401ks, brokerage statements, as well as liability statements to show the hardship.
You can attempt to hold the information back and see how diligent they are tracing your background down. How diligent they are is a question I simply do not know.
SD Realtor
February 10, 2008 at 8:56 PM #151536SD Realtor
ParticipantThe loan workout process requires a pretty comprehensive documentation process. This includes tax returns, w2 statements, hardship letters, asset statements including any and all bank accounts, 401ks, brokerage statements, as well as liability statements to show the hardship.
You can attempt to hold the information back and see how diligent they are tracing your background down. How diligent they are is a question I simply do not know.
SD Realtor
February 10, 2008 at 9:08 PM #151265Multiplepropertyowner
ParticipantThanks SD. I figured that was the case. I wonder if that would be treated as mortgage fraud. I would imagine so.
February 10, 2008 at 9:08 PM #151625Multiplepropertyowner
ParticipantThanks SD. I figured that was the case. I wonder if that would be treated as mortgage fraud. I would imagine so.
February 10, 2008 at 9:08 PM #151527Multiplepropertyowner
ParticipantThanks SD. I figured that was the case. I wonder if that would be treated as mortgage fraud. I would imagine so.
February 10, 2008 at 9:08 PM #151534Multiplepropertyowner
ParticipantThanks SD. I figured that was the case. I wonder if that would be treated as mortgage fraud. I would imagine so.
February 10, 2008 at 9:08 PM #151551Multiplepropertyowner
ParticipantThanks SD. I figured that was the case. I wonder if that would be treated as mortgage fraud. I would imagine so.
February 10, 2008 at 9:08 PM #151532patientrenter
ParticipantI heard there were services that provided you with W-2s etc to “help you out”. Paulson and Bair and others have made it clear they really, really, don’t want the loan servicers to go through the borrowers one by one and actually discover and weed out the ones who committed fraud, or can afford to pay. If Paulson and Bair and a lot of other people in charge of setting and enforcing the rules are showing near-desperation in their efforts to ensure lots and lots of voters will get nice deals in workouts, I don’t think the servicers will be allowed to get too fussy. We’ll see.
Patient renter in OC
February 10, 2008 at 9:08 PM #151556patientrenter
ParticipantI heard there were services that provided you with W-2s etc to “help you out”. Paulson and Bair and others have made it clear they really, really, don’t want the loan servicers to go through the borrowers one by one and actually discover and weed out the ones who committed fraud, or can afford to pay. If Paulson and Bair and a lot of other people in charge of setting and enforcing the rules are showing near-desperation in their efforts to ensure lots and lots of voters will get nice deals in workouts, I don’t think the servicers will be allowed to get too fussy. We’ll see.
Patient renter in OC
February 10, 2008 at 9:08 PM #151539patientrenter
ParticipantI heard there were services that provided you with W-2s etc to “help you out”. Paulson and Bair and others have made it clear they really, really, don’t want the loan servicers to go through the borrowers one by one and actually discover and weed out the ones who committed fraud, or can afford to pay. If Paulson and Bair and a lot of other people in charge of setting and enforcing the rules are showing near-desperation in their efforts to ensure lots and lots of voters will get nice deals in workouts, I don’t think the servicers will be allowed to get too fussy. We’ll see.
Patient renter in OC
February 10, 2008 at 9:08 PM #151630patientrenter
ParticipantI heard there were services that provided you with W-2s etc to “help you out”. Paulson and Bair and others have made it clear they really, really, don’t want the loan servicers to go through the borrowers one by one and actually discover and weed out the ones who committed fraud, or can afford to pay. If Paulson and Bair and a lot of other people in charge of setting and enforcing the rules are showing near-desperation in their efforts to ensure lots and lots of voters will get nice deals in workouts, I don’t think the servicers will be allowed to get too fussy. We’ll see.
Patient renter in OC
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