Stated income loan (aka liar loans) statistics in California
10 mistakes that made flipping a flop – USATODAY.com
In California, 75% of purchase loans this year have little or no documentation of income, up from 34% in 2000, First American LoanPerformancesays.
Oh. My. God.
October 24th, 2006 at 10:15 am
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October 26th, 2006 at 6:43 pm
I didn’t know you could even do that. On every house I’ve bought, the bank went through my finances with a fine-toothed comb…
October 27th, 2006 at 8:03 pm
Then you’re probably the wrong race, white boy.