lenders have greater (or different) ID requirements than a state's, then shouldn't they make sure the borrowers can fulfill their requirements before the signing - just as they confirm financial/other info prior to closing?
Requiring impossible (or difficult to get) IDs, above a state's acceptable forms of ID at the table seems la burden beyond the scope of the SA. Coupled with conflicting requirements (one form demands 2 photo IDs, another form in the packet requires only one form of ID...) it appears some lenders are tossing in every ID form they can find, in hopes of covering all possible bases, and making the whole process a battle of Patriot Act forms.
Sigh.
|
