“No Pay Stub? No Problem. Unconventional Mortgages Make a Comeback,” The Wall Street Journal, January 23, 2019. Proving income from unconventional sources.
What happens if you don’t have the documents required by your processes? Is there a way to work around the process, but still remain in the system? What other information exists to establish that you should nonetheless be approved?
In part a Governance problem, as you want to have a safety valve to permit approval of some atypical presentations. In part an Information problem, because there may be multiple ways to prove the same thing.