Ok, Maybe it is not so secret but it is a term that is the most important in our industry right now. When it comes to making a loan the rules have changed. In looking at the Three "C's "of Capacity( can they pay), Credit ( do they pay) and Collateral (the property) there are new rules for each. Actually, they are not new rules at all. They are old rules. Starting with Capacity we have seen many "reduced doc" and "no doc" loans go by the way side. In fact, in many states, including Ohio, it is illegal to make (0 comments)