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August 2018

Pen Pals with Your Mortgage Lender?
Pen Pals with Your Mortgage Lender? 1024 536 gregkingsbury

According to a piece in the Wall Street Journal, it is a common practice for underwriters to reach out to borrowers asking for letters of explanation sometimes referred to as “comfort letters” to firm up mushy spots in their knowledge of borrowers’ situations. These letters…

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