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This system actually worked quite well as long as the underwriters collected the documentary proof (like income verifications).
FORBES: Another One Right In The Fannie For Taxpayers
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It will include the final development, testing and verifications necessary to allow crewed demonstration flights to the space station.
ENGADGET: NASA awards Boeing, SpaceX and Sierra Nevada $30 million in contracts
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Why would any borrower ever borrow from a stringent Fannie Mae where a real down payment in conjunction with proper income verifications is required?
FORBES: FHA Will Cost Taxpayers $150 Billion
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Mancx uses a number of different tools to create a trustworthy environment for the users: ratings, verifications through social networks like LinkedIn, transaction records, etc.
FORBES: The Rise of the Knowledge Market
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In preparing these materials, we have relied upon and assumed without independent verifications, the accuracy and completeness of all information available from public and internal sources.
FORBES: Stock Market Logic
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In 2009, Sherchan traveled to London and spoke with Guinness about getting his climb recognized and then, back in Nepal, he collected the paperwork, photos, eyewitness verifications and media reports to confirm his ascent.
CNN: Oldest Everest climber finally gets recognition
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Papers were signed, documents were gathered and photocopied, the appraisal was done, more documents were gathered and photocopied, verifications were made and the completed loan file has now been submitted to the underwriting queue for the coveted mortgage loan commitment.
FORBES: Anatomy of a Purchase Mortgage - Chapter Three
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Prosecutors said the gate agent saw the defendant sitting in the jump seat behind the pilot and told him that if he was going to sit there he would have to go back to the check-in gate to complete paperwork and verifications.
NPR: New Charges For Man Accused Of Impersonating Pilot