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Does this mean??

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Anonymous
Not applicable

Does this mean??

I looked online at my mortgage status and wanted to know what the following means:
 
"Verify That All Parties To The Transaction Do Not Appear On Either The Limited Denials Of Participation List Or List Of Parties Excluded From Federal Procurement Or Nonprocurement Programs".
Message 1 of 6
5 REPLIES 5
Anonymous
Not applicable

Re: Does this mean??

bump...anybody??
Message 2 of 6
DallasLoanGuy
Super Contributor

Re: Does this mean??

fha?
 
there is a list of people who cannot be involved in fha loans. borrowers, builders, ect.
the underwriter is basically stating that the list hasnt been checked yet.
 
this isnt something i usually share with borrowers... it is kind of an internal condition.
 
Retired Lender
Message 3 of 6
Anonymous
Not applicable

Re: Does this mean??

yes, this is an FHA loan.  This note was under their list of things to do.  I thought it was CAVRIS
Message 4 of 6
DallasLoanGuy
Super Contributor

Re: Does this mean??

i think caivrs checks you against any unpaid fed debt only.
maybe it also checks for 'unapproved people' in the transaction.... but i dont think so.
 
i wouldnt worry about it
Retired Lender
Message 5 of 6
Anonymous
Not applicable

Re: Does this mean??

Thanks!!!
Message 6 of 6
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