| And depending on when this signing took place and if the lender and/or LO was available I think Art did the right thing. If the lender didn't approve the CW approach, the loan wouldn't go through anyway. In my experience it's always been the lender/TC to suggest the CW alternative. And also, when you have the Customer Identification Verfication Form, (not all loan packages have this form) the lender usually does not require the copies of the ID's, although this form does state that one of the ID documents has to be governement-issued with a photograph. |
