Closing the Gap - A Guide to Equal Opportunity Lending PDF
Sources of Income: In addition to primary employment income, Fannie Mae and Freddie Mac will accept the following as valid income sources: overtime and part–time work, second jobs (including seasonal work), retirement and Social Security income, alimony, child support, Veterans Administration (VA) benefits, welfare payments, and unemployment benefits
Thanks. Excellent links. The Bentson press briefing really nauseated me. He instituted “...simple three tests we will have under the new reform: a lending test, a service test, an investment test. Are you making loans? Are you providing services? Are you making investments?”
Nobody gave a damn if anybody could pay the money back. These bastards in the Clinton administration caused tens of trillions of dollars of wealth to evaporate, may lead to the financial collapse of the U.S. and, in such an era of uncertainty, usher in socialism, fascism or communism because people demand “security and safety”. I hope Clinton gets the real legacy he so richly deserves.