Some mortgage lenders are asking customers taking out a mortgage to confirm they don’t intend to seek forbearance

[hegemony]

Before Making Loans, Some Mortgage Lenders Ask, Do You Really Plan to Pay This?

[tiggerlgh]

It seems like it’s just one small originator.

[kaylee34]

2 hours ago, tiggerlgh said:

It seems like it’s just one small originator.

I believe most originators are moving to something like this in the very near future if they haven't already. 

[tiggerlgh]

I believe most originators are moving to something like this in the very near future if they haven't already. 

None if the big ones have yet. I would be surprised if they did.

[kaylee34]

 

17 hours ago, tiggerlgh said:

None if the big ones have yet. I would be surprised if they did.

Sorry but not true. I closed on a conventional mortgage with Caliber Home Loans last week. I had to e-sign that same document several times while in underwriting and again at closing. US Bank and BOA also require it based on my conversations with their people over the last month while I was rate shopping. So that's three of the big lenders right there.