The phrase "asset verification" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or legal matters where the authenticity or value of assets is being confirmed.
Example: "Before approving the loan, the bank requires a thorough asset verification to ensure the applicant's financial stability."
Alternatives: "asset assessment" or "asset validation".
Between now and the end of the summer, financial aid requirements including loan master promissory notes, online entrance counseling, asset verification forms, refund requests will all come into play.
They e-sign some processing disclosures, and login to bank accounts to provide income and asset verification.
Whereas the average delinquency rate for all Private Label Mortgages was 6.8percentt, as many of them are the so-called liar loans that didn't require either income for asset verification.
The GSEs themselves were also at fault for allowing mortgage banks such as Countrywide Financial (acquired by Bank of America) to package and sell Mortgage Backed Securities to Fannie and Freddie that mainly consisted of negatively amortized "liar" loans with very low initial payment rates, and little or no income and asset verification.
For the full list and more, see www.forbes.com/top-wealth-advisors. 1 Advisors are judged on individual contribution, but total team assets are shown; in some cases significant, noncustodied assets are not included because of verification difficulties.
This part prescribes the responsibilities of the Supervisory Committee to obtain an annual audit of the credit union according to its charter type and asset size, and to conduct a verification of members' accounts.
No verification of income, taxes, assets.
(ii) A PHA must obtain third-party verification of all family assets every 3 years.
When properly done, preapproval can speed up the purchase process by providing a rigorous assessment of the maximum amount a buyer can afford to borrow, based on a formal credit check and verification of income and assets.
It provides automated verification of income and assets in minutes to lenders of all kinds — from mortgage companies, to auto loans and even credit card companies.
It provides automated verification of income and assets in minutes to lenders of all kinds — from mortgage companies, to auto loans and even credit card companies.
