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Pen pals with your mortgage lender? Yeah, it's a thing

Did you know that underwriters often reach out to borrowers via letter?

According to a piece in the Wall Street Journal, it is a common practice for underwriters to reach out to borrowers asking for letters of explanation sometimes referred to as “comfort letters” to firm up mushy spots in their knowledge of borrowers’ situations.

“We try to connect the dots using…
Homeowners

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