deed in
lieu of f/c, settled for less than full balance etc on previous mortgages is
considered a foreclosure and not acceptable for 3 years after the fact.
Kim
Boren
National
Underwriting Manager
Gateway
Mortgage Group
Dallas,
Tx. 75254
office:
972-908-3390 ext:102
fax# 918-392-8372
4/28/2010