Papers, Please
| Mon Aug. 30, 2010 1:56 PM PDT
Megan McArdle writes about the loan paperwork she had to fill out before buying a home recently:
The underwriting standards have been very tight, in terms of the paperwork I have had to produce — in order to use money that we received as wedding gifts as part of our downpayment, for example, I needed to produce a copy of our license, an invitation, and the announcement from the Times.
Say what? Just the fact that you have money in a bank account isn't good enough? And what would have happened if the Times had declined to print an announcement?
- Optional: Sign In to MotherJones.com
MoJo Troll Patrol encourages readers to sign in with Facebook, Twitter, Google, Yahoo, Disqus, or OpenID to comment. Please read our comment policy before posting.
Advertisement
