What do you think about Stated Income Loans? Let the world know by submitting your opinion (click "Feedback" below).
Here are some questions to get you started:
- Should government step in and legislate? If so, what should be legislated?
- Should stated income loans still be offered?
- What reforms if any should be made?
- How have stated income loans affected your business?
- What other factors could be used to determine the quality of a loan besides LTV and DTI?
- Should there be stricter licensing for loan officers and greater enforcement of regulations?
Click “Feedback” below and tell us what you think!