And Alys Cohen, National Consumer Law Center FROM: Steven Sharpe, Legal ...
Financial Analysis in Mortgagee Letter 2016-14 Mortgagee Letter 20 16-14directed Mortgagees in litnited circumstances to confirm borrowers’ monthly living expenses with supporting documentation. This requirement to document expenses was subject to two significant limitations (ML 20 16-14, pp. 3-4). First, it applied “when the ................
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