What happens when you find out that 90 percent of all WaMu's home equity loans are stated income, and you find out that 73 percent of all Option ARMs are stated income, and 50 percent of your subprime loans are stated income?
Questioning the prevalence of stated income loans among various loan types.
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More from Ted Kaufman
We have developed a cooperation program at the SEC where we can now offer reduced sanctions in exchange for insiders who come forward and provide us with information.
we have got to get away from this too-big-to-fail. It is bad in so many different ways in terms of the concept.
I want to make sure that the system is not undermined by judges who may have a different view of the proper role of Government regulation.
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