Medical Office Building Financing News + More: What you need to know about Steve Bannon, Trump's chief strategist + MORE 11/14/2016

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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.

Conservative radio talk show host Laura Ingraham’s next microphone could be behind the White House press briefing room podium.

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Gwen Ifill, the veteran journalist and newscaster who co-anchored “PBS NewsHour,” has died, PBS said Monday.

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A leading choice to be Donald Trump’s Treasury secretary is a campaign fundraiser and ex-banker who profited from both the housing meltdown and Bernie Madoff’s ponzi scheme.

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After years operating on the far-right fringe of American politics, Steve Bannon will now be one of the most influential members of Donald Trump’s White House.

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I will always regret not grabbing the reporter’s notebooks that belonged to Gwen Ifill.

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