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LDP/GSA government search (patriot act)
SHORT VERSION: I have a deal set to close this Thursday. The lender e-mails me 2 days ago asking me for my SSID & my TID. He claims that it is a condition for underwriting. I ask him what he needs my personal information for and he claims that it's a new underwriting check through the LDP/GSA governement search (patriot act). I have never dealt with this guy before and i have never heard of needing my SSID nor my TID for a client to get a loan. Has anyone ever had to give their personal information to their clients lender? LONG VERSION: I admit that I am a control freak. I like to be in charge of everything so that I know whats going on at all times. I explain to clients upfront that I can do as little or as much as they want me to do, however I will only accept responsibility for what they allow me to do. Once I complete my buyer presentation and show them why they need to leave everything in my hands I give them an authorization form to fill out and give me permission to have my people handle everything. The only ... more
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