Mayram Aram was on Hedgecock today

[drunkle]

renter:

here’s something i just googled:
http://www.mtgprofessor.com/A%20-%20Qualifying/is_the_market_tough_on_selfemployed.htm

i don’t disagree that some fudging may be going on, but according to this guy, lenders are already aware of that possibility.

[HLS]

There are still stated income/stated asset programs available for borrowers with credit scores above 680.

Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.

The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.

Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.

[HLS]

There are still stated income/stated asset programs available for borrowers with credit scores above 680.

Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.

The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.

Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.

[HLS]

There are still stated income/stated asset programs available for borrowers with credit scores above 680.

Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.

The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.

Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.

[HLS]

There are still stated income/stated asset programs available for borrowers with credit scores above 680.

Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.

The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.

Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.

[HLS]

There are still stated income/stated asset programs available for borrowers with credit scores above 680.

Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.

The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.

Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.

[Raybyrnes]

If you are willing to commit fraud on your taxes doesn’t that set the precedent that mortgage frauad wouldn’t be much different.

This to me seems like a scenario where you are trying to claim 7000 miles of year to an insurance company to get a lower premium and simultaneously trying to get a comapny to reimburse you for 25000 miles of driving. Can’t have it both ways.

I know it happens but feel I would prefer to take the high ground on these issues.

[Raybyrnes]

If you are willing to commit fraud on your taxes doesn’t that set the precedent that mortgage frauad wouldn’t be much different.

This to me seems like a scenario where you are trying to claim 7000 miles of year to an insurance company to get a lower premium and simultaneously trying to get a comapny to reimburse you for 25000 miles of driving. Can’t have it both ways.

I know it happens but feel I would prefer to take the high ground on these issues.

[Raybyrnes]

If you are willing to commit fraud on your taxes doesn’t that set the precedent that mortgage frauad wouldn’t be much different.

This to me seems like a scenario where you are trying to claim 7000 miles of year to an insurance company to get a lower premium and simultaneously trying to get a comapny to reimburse you for 25000 miles of driving. Can’t have it both ways.

I know it happens but feel I would prefer to take the high ground on these issues.

[Raybyrnes]

If you are willing to commit fraud on your taxes doesn’t that set the precedent that mortgage frauad wouldn’t be much different.

This to me seems like a scenario where you are trying to claim 7000 miles of year to an insurance company to get a lower premium and simultaneously trying to get a comapny to reimburse you for 25000 miles of driving. Can’t have it both ways.

I know it happens but feel I would prefer to take the high ground on these issues.

[Raybyrnes]

If you are willing to commit fraud on your taxes doesn’t that set the precedent that mortgage frauad wouldn’t be much different.

This to me seems like a scenario where you are trying to claim 7000 miles of year to an insurance company to get a lower premium and simultaneously trying to get a comapny to reimburse you for 25000 miles of driving. Can’t have it both ways.

I know it happens but feel I would prefer to take the high ground on these issues.

[desmond]

On Mayram,

He and Chamberlame both are pathetic. I wish somebody would ask Mayram how many people he made loans to are in trouble?

[desmond]

On Mayram,

He and Chamberlame both are pathetic. I wish somebody would ask Mayram how many people he made loans to are in trouble?

[desmond]

On Mayram,

He and Chamberlame both are pathetic. I wish somebody would ask Mayram how many people he made loans to are in trouble?

[desmond]

On Mayram,

He and Chamberlame both are pathetic. I wish somebody would ask Mayram how many people he made loans to are in trouble?

[Author]

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