Credit History Report date: <<within 60 days of submission>> Reporting firm: Score: <<Provide an explanation of the credit score in terms of risk level (i.e., low, medium, or high). Also, if the score is evaluated numerically, explain what value the credit agency places on the score. >> Key Questions Yes No Does the credit report identify any material derogatory information not previously discussed? Does the underwriter have any concerns related to their review of the credit report? <<For each answer above, provide a narrative discussion on the topic describing the risk “yes” and how it will be mitigated.>> Other Business Concerns/232 Applications Key Questions Yes No Does the principal identify any other business concerns? Do any of the other business concerns have pending judgments, legal actions/suits, or bankruptcy claims? (If so, a credit report must be N/A obtained on the business concern.) If so, was a credit report obtained on the business concern? N/A Do the credit reports on the 10% sampling of the other business concerns indicate any material derogatory information? N/A Does the Principal identify any other Section 232 program (i.e., 223(f), 241(a), 223(a)(7), 232(i), or 223(d)) loans on the Consolidated Certification Principal of Borrower (form HUD-90014-ORCF) and Attachment 2 – thereof? <<As applicable, a answer requires a narrative discussion on the topic describing the “yes” risk and how it will be mitigated.>> Credit Reports for Other Business Concerns: <<Provide narrative discussion on other business concerns. For example, identified XX “XXX other business concerns. The underwriter reviewed Dunn and Bradstreet credit reports for XX other business concerns identified by XXXX. {Discuss each report}. No reports indicated derogatory information that would prohibit XXXXX from participation in this loan transaction.>>
Credit History Report date: <<within 60 days of submission>> Reporting firm: Score: <<Provide an explanation of the credit score in terms of risk level (i.e., low, medium, or high). Also, if the score is evaluated numerically, explain what value the credit agency places on the score. >> Key Questions Yes No Does the credit report identify any material derogatory information not previously discussed? Does the underwriter have any concerns related to their review of the credit report? <<For each “yes” answer above, provide a narrative discussion on the topic describing the risk and how it will be mitigated.>> Other Business Concerns/232 Applications Key Questions Yes No Does the principal identify any other business concerns? Do any of the other business concerns have pending judgments, legal actions/suits, or bankruptcy claims? (If so, a credit report must be obtained on the business concern.) N/A If so, was a credit report obtained on the business concern? N/A Do the credit reports on the 10% sampling of the other business concerns indicate any material derogatory information? N/A Does the Principal identify any other Section 232 program (i.e., 223(f), 241(a), 223(a)(7), 232(i), or 223(d)) loans on the Consolidated Certification – Principal of Borrower (form HUD-90014-ORCF) and Attachment 2 thereof? <<As applicable, a “yes” answer requires a narrative discussion on the topic describing the risk and how it will be mitigated.>> Credit Reports for Other Business Concerns: <<Provide narrative discussion on other business concerns. For example, “XXX identified XX other business concerns. The underwriter reviewed Dunn and Bradstreet credit reports for XX other business concerns identified by XXXX. {Discuss each report}. No reports indicated derogatory information that would prohibit XXXXX from participation in this loan transaction.>>
9006_orcf-Redline.docx