Friday, 24 April 2009

HVCC *** Bankoh Subordinations *** High LTV Loans ***

April 24th. 2009
 
To All MetLife Approved Brokers
 
Regarding Various Issues
 
 
Please note that "HVCC Training Material" is now available on Pronto
under "Training/Mortgage Tools"
Quite user friendly ... encourage everyone to review as soon as possible
 
Bankoh Subordinations
as someone of you have already discovered Bankoh will only accept subordination request from the New 1st. Lien Lender,
Broker will still need to prepare Subordination Request Package and
should include in the loan submission file to MetLife
(similar to the process for MCC's) 
 
We are finding it even more challenging to obtain
MI for High LTV Loans ... with that in mind, until further notice
New High LTV submissions must fall into the following categories:
DU Refi Plus
FHA
VA 
and USDA 
 
Aloha to all and TGIF ...
Rita Kama-Kimura
Wholesale Account Representative
(808) 275-8006   direct
(808) 864-0520   cellular

 

To maximum communication it's wise to "Reply to All" 

 
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