My friend and I are in the process of obtaining a mortgage together, she had a Chp 7 bankruptcy about 4 years ago and although we've been pre-approved, the lender's loan originator is asking for a copy of the bankruptcy documents.
Why do they ask for a copy and is it legal, or even necessary information if the accounts closed under the bankruptcy show in the credit report?
Read more: Can a lender ask for copy of bankruptcy?
