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Why are lenders now asking for invoices for repairs to be broken down specifically engineering costs?

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josh Joined: 27 Mar 2009 Posts: 6 2.86 Dollars($)	Posted: Tue May 25, 2010 6:20 am    Post subject: Why are lenders now asking for invoices for repairs to be br Like 0 Dislike 0 We provide foundation services for borrowers and work with lenders throughout the country. Here lately we have been getting calls and requests to break down the invoice showing specifically engineering cost. Whereas before this was seldom requested. I know its a good idea, Im just wondering if a new mortgage e-letter was issued stating this requirement that I might have missed. Anyone know about this possibly new requirement?
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Wed May 26, 2010 2:46 am    Post subject: Like 0 Dislike 0 Hi josh, I haven't heard of any such mortgage e-letter being published with the requirement for invoice. Thanks

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