Real estate blog entries tagged with hr 3081 by David Mordue - Mortgage Planning & Investing (Wells Fargo )

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hr 3081: Legislation to Eliminate Stated Income loans - H.R. 3081 - 08/16/07 08:48 PM

Interested to hear your thoughts on this.
http://www.govtrack.us/congress/billtext.xpd?bill=h110-3081
A few highlights from the link...---`(C) VERIFICATION OF CONSUMER INCOME AND FINANCIAL RESOURCES- In the case of any consumer credit transaction secured by a consumer's principal dwelling, the income and financial resources of the consumer shall be verified for purposes of this paragraph by tax … (0 comments)

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David Mordue - Mortgage Planning & Investing

Everett, WA

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