Proving your worth in a gig economy

“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.

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Filed under Theme One: Information, Theme Two: Governance

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