You raise a VERY valid question, Di. How did it get that far?
You mention it's a refi. Is it primary residence? If so, haven't the borrowers exhausted their RTC? Given that case, isn't it up to the lender whether they choose to fund or not? Is this maybe covered under the Re-certification or Lender's statement (from one of my recent files: " I (We) know of no circumstances or events that will materially and adversely affect my (our) financial
position.")?
Wondering??? |
