Examples of Standard Documentation in a sentence
A seller is required to follow this documentation procedure for all manually underwritten mortgage loans and for mortgage loans that are evaluated by LPA and receive a Standard Documentation designation.
Under Standard Documentation, for qualifying income for a salaried mortgagor the seller must provide documentation that includes a verification of employment, a year-to-date paystub or evidence of 30 days of income, and W-2 form(s) for the most recent two years.
Standard Documentation, in such form acceptable to the CHB Group and the Group, may further be entered into between the relevant members of the Group and the CHB Group in order to give effect to, or facilitate, the Transactions.
Sub-grantees will receive a Standard Documentation Review which includes review of payment requests and the annual Audit Review.
Minimum Standard: Documentation of the last annual vendor training including correspondence announcing the training with two dates offered, the training agenda, and a copy of the module used for the training must be kept on file.