and an explanation of the adjustments, including additions to tax and/or penalties. Most deficiencies are resolved without a 90-day letter. However, a notice sometimes must be issued to protect the ...

Get guidance from trusted mortgage experts. If you're buying a home and your lender asks for a letter of explanation (LOE), it doesn't necessarily mean you’re in trouble. Lenders often request ...

Rather than a formal debriefing, those procurements generally require only a “brief explanation” letter addressing the ... conveyed by the agency in a notice to an unsuccessful offeror may ...

If your credit report has any negative history, or if there is something in your mortgage application that requires more information, a lender may ask you to submit a “letter of explanation.” ...