[Jim Noble]

even if the above example made a million dollars a month, couldn’t get financing for two years regardless, even on stated income.

So what?

[RockinRight]

The point is, there was a reason in THE MARKET (remember the market? You know, that thinks conservatives are supposed to believe in?) that such loans existed and for a long time, they did just fine.

As with anything, such privileges were abused. Undocumented does NOT mean illegal immigrants in this case (it can, but that's a different problem)...and that's what I think half the posters here are not realizing.