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kourosh partow: True Lies: Stated Income Loan Gets Originator Indicted - 01/24/07 12:23 PM
Stated Income Loans Gets Originator Indicted - That was the eye catching title of a December 20th 2006 article by a staff writer at the Originator Times. Was I shocked, or I was appalled, and sick to my stomach... and just a little bit curious. While the few kindred spirits of Active Rain who know me, and actually take valuable time out of their day to read some of my long and exhausting blog posts probably already know my feelings about the mortgage industry's growing problem that is stated income loans, I was still slightly shocked, and a little bit frightened,
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