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Investor Name	Category	Sub-Category	Description

CitiMortgage	Credit	Mortgage History	A 12 or 24-month mortgage/rental payment history may be required for certain Documentation Processes and Community Lending Programs (refer to the individual fact sheets to determine if rental verification is required). For verifications of rental payments, a professional management company must provide verification in writing (VOR) or the borrower must provide 12 or 24 months canceled checks or other evidence (e.g., bank statements showing payments being made each month), as required for the Documentation Process. Verifications performed by a party other than a professional management company are not permitted.
ING Mortgage	Credit	Mortgage History	Separate verification is not required Mortgage lates of 3 x 30 or 1 x 60 in the past 12 months may be unacceptable; further information may be required.
SunTrust	Credit	Mortgage History	• If any borrower’s credit report contains a mortgage trade line that is 60 or more days past-due when the account was last reported by the creditor and the account was reported within the 12 months prior to the credit report date, the loan will receive a “Refer,” “Refer with Caution” or “Refer with Caution/IV” recommendation and the loan will not be eligible. • If an account is reported on the credit report as a non-mortgage trade line, and yet the account is listed on the loan application as a mortgage, DU will analyze the credit history of the trade line as a mortgage. Any late payments in the credit report will be treated by DU as delinquent mortgage payments. • If there is a mortgage that (i) is not rated on the credit report, (i.e., if the current account status or manner of payment code/MOP code is “U”); (ii) was not reported within 90 days of the credit report date; or (iii) is disclosed on the loan application but not reported on the credit report, documentation must be provided to confirm that the account is not two or more payments past-due as of the date of the application. • If the documentation of the current status of a mortgage reflects that the loan is currently 60 or more days past due, the loan must be manually downgraded to a “Refer,” “Refer with Caution” or “Refer with Caution/IV and the loan will not be eligible.” • It is not acceptable for borrowers to bring past due mortgage accounts current prior to closing to circumvent downgrading the loan. • If the DU Findings Report does not address a mortgage trade line that is 60 or more days past-due that appears on the credit report, the loan must be traditionally underwritten to non-AUS guidelines.
PHH	Credit	Mortgage History	Allowances for any mortgage tradeline delinquencies are based upon whether the loan is scored through an AUS system or manually underwritten. Loans must always be current at the time of closing. Scored Loans: Follow AUS findings and loan conditions. Manually Underwritten Loans: Unless noted differently within the product description, no more than 30 day late on any mortgage within the past 12 months with no mortgage lates within the past 90 days. In addition, no 60, 90, 120 or 150 day mortgage lates within the past 12 months.
M AND T Mortgage	Credit	Mortgage History	Mortgage history may be verified in one of the following manners: * Verification on the credit report, or * Direct written verification from the mortgagee, or * Computer-generated payment history from the mortgagee, identifying the payment history covering at least the last twelve (12) months (or the entire term of the mortgage if aged less than twelve (12) months), the borrower, the mortgagee, the mortgage payment and the outstanding balance. * Twelve (12) months canceled checks, front and back, if the mortgagee is not an institutional lender.
Flagstar	Credit	Mortgage History	A Verification of Mortgage is required for all mortgages not reporting on the credit report. All mortgage tradelines must be updated within 60 days of application. A Verification of Rent is required for manually underwritten loans. If there is any indication that late payments were made, we require proof that no payment was made more than 30 days late in the last 12 months. If the credit report obtained does not contain a reference covering at least the most recent 12 months for the borrower’s mortgage, direct verification must be documented to verify the borrower’s mortgage payment history.
Mortgage Services III	Credit	Mortgage History	Follow AUS requirements for mortgage/rental history.