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#1686584 - 04/06/12 05:14 PM LO changed during processing
RulesFollower Offline
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Joined: Oct 2011
Posts: 185
I have had a secondary market lender stip a closed file for an executed "Attestation" form signed by a VP or higher at the bank due to the fact that the registered LO changed from application to closing. Is this just "overkill" from the lender or is it regulatory?

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#1686630 - 04/06/12 06:30 PM Re: LO changed during processing RulesFollower
Dani York, CRCM Offline
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Dani York, CRCM
Joined: Apr 2005
Posts: 3,663
the lender....this is not regulatory, but it could be one of those weird FNMA/FHA rules.
I can't herd the cats anymore, so I just set up the electric fences and let them fry when they stray out of bounds.

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