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I did a closing on a home with what was supposed to be VA funding. I later learned that due to a previous home purchase that was short saled in bankrupcy that I had no VA guaranty. Doesn't the underwriter have a responsibility to discover this before closing to allow me the right of recission...
I bought a new home in 2008 with VA financing, or so I thought. I recently tried to refi and discovered that the original lender never submitted paperwork to the VA, and also discovered that I now dont have a VA loan guaranty because of a problem with a previous home. Lender shouldnt have closed...
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