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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.
Delta will pay you up to $10,000 to give up your seat
– rss.cnn.com
Delta customers can now be offered nearly $10,000 for giving up their seats on overbooked flights.
How companies screw up during a PR crisis
– rss.cnn.com
United Airlines may be the most hated company in the world right now.
NSA's powerful Windows hacking tools leaked online
– rss.cnn.com
A hacking group has dumped a collection of spy tools allegedly used by the National Security Agency online. Experts say they are damaging.
AMC, Carmike Sell 16 Movie Theaters to Beekman Investment Partners
– costar.com/News
Beekman Investment Partners III LP acquired 16 movie theaters with 184 screens from Chinese-owned AMC Entertainment Holdings Inc. (NYSE: AMC) and Carmike Cinemas. The deal is part of the settlement agreement with the US Justice Dept. to allow AMC to acquire Carmike as part of a planned $1.2 billion merger…
With O'Reilly on vacation, Murdochs debate his future
– rss.cnn.com
Fox News host Bill O’Reilly is gone on an extended Easter vacation, escaping the firestorm that currently surrounds him. But in his absence, Rupert Murdoch and his sons James and Lachlan continue to debate his future.
Trump pulls his punches on China and Germany
– rss.cnn.com
The Trump administration stopped short of branding China and Germany currency manipulators, despite having accused both countries of keeping their currencies artificially low to gain unfair advantage in trade with the U.S.
