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Updated over 3 years ago,
Banks Are Manipulating CRE Income?
Hey Everyone,
I'm an avid news guy, some days I'll hear a news article about banks manipulating CRE loans by providing false income. Banks will claim there is more income than the company is making. Then they're packaging up these loans and selling them to investors.
Sounds like another 08’ doomsday scenario and I’m a little skeptical.
Has anyone heard anything similar? Or do I have my aluminum foil hat on too tight?