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As a DE Underwriter, how am I supposed to certify the answer to question #14, a & b of the spot loan approval?

April 26, 2017answer Approval certify loan spot underwriter

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As a DE Underwriter, how am I supposed to certify the answer to question #14, a & b of the spot loan approval?

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A. See Mortgagee Letter 96-41 for suggested approaches to ascertain compliance with the spot loan requirements. For instance: the appraiser could be utilized to research sold data to verify the number of FHA loans in the condominium project.