June 15th, 2012 
davidguide United Guaranty has issued clarifying guidelines for verbal employment verifications, self-employed borrowers and borrower with prior bankruptcies. The mortgage insurance company said that it had been deferring to Fannie Mae and Freddie Mac on requirements for verifications of employment. But a recent announcement from Fannie, SEL 2012-04, indicated that lenders can alternatively obtain verbal verifications after a loan closes — a requirement that United Guaranty considers too risky.
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