Posted By: I will SURVIVE!
Investor Requirements - 09/07/05 04:28 PM
Can anyone lead me to the investor requirements (FNMA, FHLMC, FmHA, VA) regarding FACTA?
For instance, if our organization has followed all CIP requirements (SS card and DL), and did not suspect any fraud, but later learns the borrower's information was fraudulent - what is our responsibility to the investor? I am searching for what they expect from us and their responsibility.
Thanks!
For instance, if our organization has followed all CIP requirements (SS card and DL), and did not suspect any fraud, but later learns the borrower's information was fraudulent - what is our responsibility to the investor? I am searching for what they expect from us and their responsibility.
Thanks!