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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.
United Airlines just made another policy change aimed at preventing a fiasco like the one it endured this week.
NSA's powerful Windows hacking tools leaked online
– rss.cnn.com
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On Friday, the Shadow Brokers hacking group published a cache of documents revealing Windows hacking tools allegedly belonging to the NSA. But Microsoft said it has already patched the flaws.
What’s the fate of the “Furious”? Possibly the biggest global opening in movie history.
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