No K-1 or partnership involved.As far as "will be determined at the personal level", can you explain?

It was explained to me as each plan holder has the option to waive the 10% ding if they choose to participate in the program.

I think this is a real hurdle for some people, and may explain why wholesaling tends to attract some shady characters (Please don't misread that. 

You can also explain to the bank that you're getting income and have assets to cover yourself.

Start knocking on doors, explain your situation, and ask to compare your bills.If they've also seen the same increase, the situation is purely circumstantial.

I explained it’s currently industry standard to request documentation.

v=3OOl59e2WfI&t=21m2sThat episode is with @Alexander Felice, he can probably explain the delayed financing exception the best. 

Explains eligibility for federal programs for refinancing and modification of mortgages, including a self-assessment toolQuestions and Answers on Home Foreclosure and Debt Cancellation, IRSProvides critical information on the tax consequences of foreclosure and debt cancellation, with links to formsWhat Happens When the Bank Forecloses, MassLegalHelp, 2013.Outlines the steps from a missed mortgage payment through the foreclosure auction.Print sourcesMassachusetts Mortgages, Foreclosures and Workouts , MCLE, loose-leaf.Short Sales, Deeds-in-Lieu & Receiverships , MCLE, 2010

Does it explain how documentation occurs?

If all of this info is explained in your podcast episode, I’d be happy to go back and listen to it!