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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Who's hot under the collar? Posted by CC in OC on November 15, 2008 at 10:07 PM In Reply to: Why so hot under the collar CC in OC? posted by Alfred on November 15, 2008 at 10:19 AM Sounds like YOU are! Stated income loans were designed for people who are/were aggressive users of the Tax Code--which is just about everyone who invests in real estate. Some borrowers used the loans responsibly and some didn't. Yes, they were derisively referred to as "liar loans." BTW, they only recently--uh, like last week--went completely away, which means that a lot of investors will be unable to obtain institutional financing. Follow Ups: Geesh! Just answer the question. alfred 8:30 AM, 11/16/08 (3) Now that you have actually stated the question... CC in OC 9:43 AM, 11/16/08 (2) To some extent. alfred 10:57 AM, 11/16/08 (1) Bill Gatten's Equity Holding Trust CC in OC 2:11 PM, 11/16/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Sounds like YOU are! : Stated income loans were designed for people who are/were aggressive users of the Tax Code--which is just about everyone who invests in real estate. Some borrowers used the loans responsibly and some didn't. Yes, they were derisively referred to as "liar loans." BTW, they only recently--uh, like last week--went completely away, which means that a lot of investors will be unable to obtain institutional financing. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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