Employed Income

When I read LinkedIn from time to time, I have seen some funny memes on why people’s loans have died during the underwriting process.  You know the culprits such as

Today’s blog goes over one of the updates announced in  SEL 2018-08 by Fannie Mae.  I want to focus on the improvements for a borrower using “employment-related assets as income”.

Ever wonder why the IRS tax code is currently at 74,608 pages of information? (and yes, this is a rhetorical question).  I am convinced it is a ploy to drive

I had an interesting question come in a few weeks back.  At first it seemed like a “1 in a 1000 issue” but a few days later another person had

One of the more unusual income types that you will run across is a statutory employee.  You can spot them right away when you are looking at their pay stubs. 

Good news for the mortgage lending world, we have an advocate in our marketplace who wants the same goals for our companies as we do!  Who is this silent partner?

After years of working in underwriting when you look through enough loans it becomes easier over time to recognize a borrower’s income type.  However there are those income types that are