
5 August 2008 | 48 replies
;`(C) be completed by an appraiser who meets the competency requirements of the Uniform Standards of Professional Appraisal Practice;`(D) be wholly consistent with the appraisal standards, practices, and procedures under section 202(e) of this Act that apply to all loans insured under this Act; and`(E) comply with the requirements of subsection (g) of this section (relating to appraisal independence).`(9) DOCUMENTATION AND VERIFICATION OF INCOME- In complying with the FHA underwriting requirements under the HOPE for Homeowners Program under this section, the mortgagee under the mortgage shall document and verify the income of the mortgagor by procuring an Internal Revenue Service transcript of the income tax returns of the mortgagor for the 2 most recent years for which the filing deadline for such years has passed and by any other method, in accordance with procedures and standards that the Board or the Secretary shall establish.`(10) MORTGAGE FRAUD- The mortgagor shall not have been convicted under any provision of Federal or State law for fraud, including mortgage fraud.`(11) PRIMARY RESIDENCE- The mortgagor shall provide documentation satisfactory in the determination of the Secretary to prove that the residence covered by the mortgage to be insured under this section is occupied by the mortgagor as the primary residence of the mortgagor, and that such residence is the only residence in which the mortgagor has any present ownership interest.

28 January 2009 | 35 replies
In addition, some lender loss mitigation departments have their own rules, policies, and procedures.

24 October 2008 | 36 replies
I've seen people invest more into real estate training than you could get a medical degree with....

5 September 2008 | 3 replies
Be sure you know the procedure for doing the rezoning.

22 September 2008 | 4 replies
What they really need is an atty. based near them to handle the procedures you mention.JET

22 October 2008 | 31 replies
Job loss, medical issues, forced move, or some such.

8 November 2008 | 79 replies
(His hardship was medical bills.)

17 November 2008 | 6 replies
If they had some kind of financial or medical hardship then it would be easier.. etc?
14 January 2009 | 3 replies
There has been an expediter from the Engineer's office coordinating documents on occasion up until 8/08.Now I have taken over the project and would like to get a clearer idea of what the standard operating procedures are.1.

2 October 2008 | 3 replies
My tenants are having problems with their newborn and have to move in with family to afford the medical care.