What is a black out dealing with income/finance or mortgages?
She says she gave her independent mortgage broker, a relative, proof of her income and its source. But loan documents show that her monthly income was reported to be $1,100, more than twice the real amount. A letter from the Social Security Administration served as backup documentation, but the amount of income had been (((blacked out))).
what does this mean????
Tags: black, dealing, income/finance, Mortgages
Obviously the documentation was not sufficient.