Commercial Real Estate Financing News + More: The big tech holdouts in legal battle with Trump + MORE 02/07/2017

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Tax Returns versus Stated Income!

Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.

Somehow, some way, the New England Patriots won Super Bowl LI on Sunday night, and their big comeback victory may have saved the TV ratings.

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Update: Tesla, SpaceX and Slack were among 31 companies that signed on to the amicus brief Monday evening.

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Russian President Vladimir Putin could be waiting a long time for an apology from Bill O’Reilly.

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Can The Huffington Post, a web site founded as a liberal answer to The Drudge Report, win over millions of Trump voters? New editor-in-chief Lydia Polgreen believes that it can. So it is starting to try.

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Elon Musk has signed on to fight President Trump’s travel ban.

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