agencies was to only require that it be signed if there are two
bwrs. We went round and round on this.
That said, I have ALL bwrs , single and multiple ) sign the 1003 at the
top, unless I receive specific instuctions not to. (never happened to date.)
Most lenders and TCs instuct me to have it signed by single OR multiple bwrs.
I have heard plenty of stories where NSA were regd to go out to have a single
bwr sign the top. Hear of ONE instance (from PAW ) where he was regd to go
back out because single bwr signed top.
. The language was apparently written by a committe on strong medciation,
and can easily be interpreted both ways. I think that it could be easily clarifed by
adding something like " If there is only one borrower, do NOT sign here. "
I believe that the safest practice is to have single bwrs sign top.
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